From the category archives:
People ask the question all the time are banks still giving out loans the answer is yes. Loans have reverted back to underwriting pre 2001. As long as you can show CCSB. Cash= the cash for your down payment banks want to see some skin in the game on the borrowers part. No money no [...]
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With BRAC most sellers think that it will drive demand back to what it was in 2003 to 2006. No that is not the case there are more homes on than market than buyers. So what I have told people is find out what your budget is and don’t go over that amount. The banks [...]
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People are wondering if moving to the ft. meade area because of brac what if I can’t afford a townhouse or single family? In other parts of the country you can buy a single family home for $200,000 and a nice one at that. If you’re moving to the ft. meade because of brac you [...]
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