Wednesday, May 7, 2008

Housing Market!!! Buy,Sell or Wait!!

Every Market is Different!! Well as I write this many of our local markets are seeing improvements in the housing market and we may reached the upturn from the past few months of low demand and high supply. However, one thing I can not emphasis enough is if you haven't established a relationship with a mortgage officer you may have problems when it comes to writing an offer and being pre-qualified.

Don't be so convinced if the mortgage officer agrees to send a prequal letter before they even taken down financial info,debt info and you authorize them to run your credit!

Good luck and always use a REALTOR

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