Showing posts with label mortgage. Show all posts
Showing posts with label mortgage. Show all posts

Monday, January 31, 2011

The Golden Rules of Finance No Matter What the Market Climate Holds

By Blueberry Beeton, Real Estate Broker

Shelter Realty, formerly Midcoast Realty, continues to provide clients with thoughtful and clear guidance to both buyer and seller clients in this turbulent market. Recent transactions include owner builders, foreclosures, custom timber frame homes, 200-year-old homes revived to be put on the market, raw land and more. With all of these come the abrupt starts and stops caused by lenders. This is a market where buyers and sellers alike have to hurry up and wait regardless of their particular debt-to-income ratio or property value. The climate of lending and borrowing money has gone through tremendous transition in the last five years and continues to evolve. However, no matter how a loan is packaged there are some golden rules that seem to be timeless.