Comments on: Getting a Loan is Not Impossible http://www.prucalvoices.com/2008/12/gettin-a-loan-is-not-impossible/ Conversations in Real Estate Wed, 08 Feb 2012 15:43:51 +0000 hourly 1 http://wordpress.org/?v=3.2 By: Martin Morley http://www.prucalvoices.com/2008/12/gettin-a-loan-is-not-impossible/comment-page-1/#comment-449 Martin Morley Sat, 03 Jan 2009 00:55:12 +0000 http://www.pruvoices.com/?p=367#comment-449 Couldn't open the info about the Feb 4 event but am definitely interested in coming -- where else can I find that info? I'm a first time home buyer and excited about getting into my own home before July 1. Couldn’t open the info about the Feb 4 event but am definitely interested in coming — where else can I find that info? I’m a first time home buyer and excited about getting into my own home before July 1.

]]> By: Bay Area Real Estate’s – Perfect Storm | PruCalVoices http://www.prucalvoices.com/2008/12/gettin-a-loan-is-not-impossible/comment-page-1/#comment-359 Bay Area Real Estate’s – Perfect Storm | PruCalVoices Thu, 11 Dec 2008 01:07:26 +0000 http://www.pruvoices.com/?p=367#comment-359 [...] Homes in Daly City, San Bruno, San Mateo, San Francisco and South San Francisco are selling.  To keep up with the demand Bank of America is falling behind on appraisals and is hiring outside appraisers.  I spoke to a termite inspector yesterday.  He had 5 inspections scheduled for the day.  Need I say we did not speak long.  There is a buzz in my office.  Conference rooms are filled with buyer’s consultations.  Banks dealing with short sales are moving faster and be more aggressively.  If you are a first time home buyer or a seasoned investor; jump in, the buying is great.  It is a PERFECT STORM for you.  Low Prices, Low Interest Rates and Lower Inventory.  Getting a Loan in not impossible   http://www.pruvoices.com/2008/12/gettin-a-loan-is-not-impossible/   [...] [...] Homes in Daly City, San Bruno, San Mateo, San Francisco and South San Francisco are selling.  To keep up with the demand Bank of America is falling behind on appraisals and is hiring outside appraisers.  I spoke to a termite inspector yesterday.  He had 5 inspections scheduled for the day.  Need I say we did not speak long.  There is a buzz in my office.  Conference rooms are filled with buyer’s consultations.  Banks dealing with short sales are moving faster and be more aggressively.  If you are a first time home buyer or a seasoned investor; jump in, the buying is great.  It is a PERFECT STORM for you.  Low Prices, Low Interest Rates and Lower Inventory.  Getting a Loan in not impossible   http://www.pruvoices.com/2008/12/gettin-a-loan-is-not-impossible/   [...]

]]> By: Lee Ginsburg · (650) 358-3959 http://www.prucalvoices.com/2008/12/gettin-a-loan-is-not-impossible/comment-page-1/#comment-358 Lee Ginsburg · (650) 358-3959 Thu, 11 Dec 2008 00:22:04 +0000 http://www.pruvoices.com/?p=367#comment-358 John, I agree that we should be glad lenders are making buyers "qualify" for loans. There is some talk to ease up on the requirements. Not sure if I agree. There are enough loan programs out there and if you don't qualify maybe they should just wait and correct their credit or save more money until they do qualify. When they say they don't qualify all that is saying they don't qualify for a home they can't afford but they most probably qualify for a less expensive home. We have one and two bedroom condos on the peninsula for under $200,000. Makes rent more than mortgage payments. John,
I agree that we should be glad lenders are making buyers “qualify” for loans. There is some talk to ease up on the requirements. Not sure if I agree. There are enough loan programs out there and if you don’t qualify maybe they should just wait and correct their credit or save more money until they do qualify. When they say they don’t qualify all that is saying they don’t qualify for a home they can’t afford but they most probably qualify for a less expensive home. We have one and two bedroom condos on the peninsula for under $200,000. Makes rent more than mortgage payments.

]]> By: John Gieseker http://www.prucalvoices.com/2008/12/gettin-a-loan-is-not-impossible/comment-page-1/#comment-353 John Gieseker Tue, 09 Dec 2008 04:30:33 +0000 http://www.pruvoices.com/?p=367#comment-353 Hi Lee, Thanks for the great information on qualifying for a loan. I have found that most buyers are glad buyers must actually "qualify" for the money they want to borrow. What surprises people is qualifying is not any more difficult than it used to be before the "no documents, no down" frenzy that took over the market. Keep up the good information. Hi Lee,
Thanks for the great information on qualifying for a loan. I have found that most buyers are glad buyers must actually “qualify” for the money they want to borrow. What surprises people is qualifying is not any more difficult than it used to be before the “no documents, no down” frenzy that took over the market.
Keep up the good information.

]]> By: lee ginsburg http://www.prucalvoices.com/2008/12/gettin-a-loan-is-not-impossible/comment-page-1/#comment-343 lee ginsburg Mon, 08 Dec 2008 06:59:14 +0000 http://www.pruvoices.com/?p=367#comment-343 Thanks Adam. It is amazing the negative influence the press has. Maybe we need to do a wave with loan apps. Have a good day. Thanks Adam. It is amazing the negative influence the press has.
Maybe we need to do a wave with loan apps. Have a good day.

]]> By: Adam Chinn http://www.prucalvoices.com/2008/12/gettin-a-loan-is-not-impossible/comment-page-1/#comment-340 Adam Chinn Sun, 07 Dec 2008 23:55:26 +0000 http://www.pruvoices.com/?p=367#comment-340 Great Post Lee! I actually saw the article before I saw your blog, but add to it nicely. Many people are surprised by the fact that others are getting loans, but as the title says, “You Can Qualify For a Mortgage, It’s Just Tougher”. Hopefully we can get as many people as possible to understand that. Keep up the great work. Great Post Lee!
I actually saw the article before I saw your blog, but add to it nicely. Many people are surprised by the fact that others are getting loans, but as the title says, “You Can Qualify For a Mortgage, It’s Just Tougher”. Hopefully we can get as many people as possible to understand that. Keep up the great work.

]]> By: Lee Ginsburg http://www.prucalvoices.com/2008/12/gettin-a-loan-is-not-impossible/comment-page-1/#comment-334 Lee Ginsburg Sat, 06 Dec 2008 01:37:00 +0000 http://www.pruvoices.com/?p=367#comment-334 Thanks Brian. Can't believe they are talking about rates of 4.5%. Thanks Brian.
Can’t believe they are talking about rates of 4.5%.

]]> By: Brian Boisson http://www.prucalvoices.com/2008/12/gettin-a-loan-is-not-impossible/comment-page-1/#comment-332 Brian Boisson Fri, 05 Dec 2008 17:52:28 +0000 http://www.pruvoices.com/?p=367#comment-332 Great information, Lee! You make it simple to understand a lot of complex data. Brian Great information, Lee!

You make it simple to understand a lot of complex
data.

Brian

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