Home sales have sharply dropped in 2016 compared to the past three to four years. Many Realtors are now scrambling to find homebuyers. What are many of the Mortgage Brokers doing? The same thing, as when home sales slowdown, so does their business. I am now seeing it start all over again! Mortgage Brokers with signs on their cars or advertisements stating that they can help you find a house. Not always, but most of the time, they have a large stake in seeing that you buy the house of their choice, not exactly yours.
Surely not in your best interest, but theirs. I see the advertisements way too often!
A Mortgage Broker will be featuring a home that he say’s you can get with $0 down and low payments. Beware! There is an excellent chance that he is marketing the house for a property investor that has offered to pay him/her a nice little sum of money if the … Read the rest >>>