Is It Hard to Get a Loan for a San Diego Home?
Wednesday, 26 September 2012
Question: “I’ve heard that banks aren’t lending. Is it still hard to get a home loan?” Answer: Short question, long answer… Banks lost billions of dollars in the foreclosure crisis. They’re under the microscope by the press, political groups, and politicians for any possible misdeed or mistake, big or small, accidental or intentional. And regulations
- Published in Q&A - Home Financing Questions
No Comments
Don’t Let Fluctuating Prices Control Your Decisions
Monday, 02 January 2012
“I could have sold my San Diego home in 2005 for $600,000, but now it’s only worth $475,000. I don’t want to take such a big loss.” Answer: (Question from reader who paid $290,000 for his home in 1998.) You need to have a short memory. What you could have gotten was an unrealized number
- Published in Home Selling, San Diego