Every day, potential home buyers are flooded with news items about the difficulties of securing a mortgage loan in the aftermath of the subprime fallout. Streets filled with “For Sale” signs, the emergence of foreclosure tours and talk of real estate agents taking on second jobs fuel the perception that the real estate market is in trouble. In fact, this is an ideal time to purchase a home and plenty of money is available, even for borrowers who may not meet the standard underwriting guidelines.
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Courtesy: www.fwbusinesspress.com
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