Tuesday, February 24, 2009

Current Update!

What is happening in the mortgage world this week? I am seeing an increase in people interested in buying their first home. And why wouldn’t they. I just talked to a gentleman who was a veteran (actually a reservist). He didn’t know how good his situation is. He can buy with a 100% VA loan, negotiate for the seller to pay all his cost and move in for zero investment. He was still thinking he should wait (even though the selection of homes for great prices is fantastic and the interest rate near an all time low). He is conservative and wanted to wait and save reserves. Then I pointed out the $8,000 tax credit from the government will take care of that.

I think it is a go!

Phone 615-777-HOME (4663) E-mail george.margrave@migonline.com

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