Deb Brooks blog, Dear Mr. President

By
Real Estate Agent with Ruhl & Ruhl Realtors

There have never been truer spoken, or blogged. Money is very tight everywhere. Now some of the loan officers are trying to use the $8,000 to get new folks into homes. The $8,000 is to come after they have closed. Some are trying it the other way around. The folks that are about to loose their homes are not seeing the help that is being spoken of. It seems like the snowball is just getting bigger.

I'm sure that there are many view points about all of the Stimulous money. I'm not sure where the President is going with all of it.

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Rainmaker
744,243
Chuck Carstensen
RE/MAX Results - Elk River, MN
Minnesota Real Estate Expert

I think it would be good if we could get the $8000 up front for some buyers.

Mar 10, 2009 11:29 AM #1
Rainer
16,118
John Douglas
Berkshire Hathaway Home Services Partners Realty - Bowling Green, KY

Teresa,

Not sure about the money before they close on the home this is some of the reason we are in

the housing mess now i feel they should wait until they close if they cant get in now without

assistance they should wait.

Mar 10, 2009 11:33 AM #2
Rainer
63,821
Amy Salisbury
Leading Edge Properties - Charles Town, WV
West Virginia Realtor/Jefferson/Berkeley

Teresa,

We had buyers walk in the office yesterday who had been told by a lender that they could use the $8000 credit as part of their down payment!!!  Unbelievable...and yet again, we had to be the bearer of bad news...

Mar 10, 2009 11:36 AM #3
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Rainer
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Teresa Keller

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