Mortgage terms more important than prices
By: M. BurkeReal Estate Video by - Real Estate Blogger
“I’m waiting to see what happens to the prices.”
“I still don’t think we’ve hit bottom yet.”
Poppycock.
For overseas buyers, the exchange rate is far more important than the price. And for U.S. buyers, personal credit score and the ability to qualify for a mortgage in 2008 will become a far bigger issue than hoping to save an extra $10k on the price. This video says it all. If you’re still unconvinced once you’ve read that, check out Blanche Evans’ post at RealtyTimes.com

Maryland Real Estate Market » Mortgage terms more important than prices on 05 Dec 2007 at 11:13 am
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Today’s Real Estate » Mortgage terms more important than prices on 05 Dec 2007 at 11:35 am
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California Real Estate Market » Mortgage terms more important than prices on 05 Dec 2007 at 3:20 pm
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