Mortgage Woes and How We Are Here to Protect You

Recently, the Mortgage and Real Estate industry is being bombarded in the media just like Barry Bonds and his alleged use of steroids - all negative. For those who do not know us we are not one's to really dwell on anything negative and really try to stay upbeat.

We read about it in the news, other online blogs, watch it on TV. And we even get to watch "Kramer", who is that nut on MSNBC, lose his mind. Seriously lose his mind.

For those who have not heard, the lending industry is in a pickle. Private sources of credit (i.e. banks) have dried up or severely tightened their lending policies because they are being burned in the mortgage-backed securities market. Loan brokers also encourage buyers into risky subprime loans and now they are forced with climbing rates and a change in the economy. What does this mean for many homeowners who bought into these loans - FORECLOSURES. But all in all, it is pretty complicated and we would be more than happy to discuss any of this with you.

This is a time when experience really matters - from your Realtor and Lender. Expert advice is crucial in times like this. Remember that seasoned agents were there when the rates were up to 16 percent at one time and made things work, safely and with security. We also encourage that you ask us for who we recommend for a lender. We have built a strong referral network with qualified individuals who can make sense of all of the madness and most of all...stay positive, so you can still sell and buy your home.