July 16, 2008

Credit Crunch Fallout

Earnest Money Tug-of-War?When is it really a “done deal?” I tell my Sellers, “at closing, once you have the cashier’s check in hand.”* And when is the Buyer’s loan really good-to-go, in a national real estate market characterized by shrinking credit, tightening loan standards, and, in many places, steadily falling prices? My answer is, “when...
Read More