Talk of The Villages Florida - View Single Post - Depressed Area????
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Old 07-19-2011, 07:26 AM
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BigMike BigMike is offline
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Default Depressed Area????

We have made an offer on a house in Chatham. We are getting the loan papers together an our Mortgage Broker, our bank, says we will have to pay a higher rate due to the fact that Marion County is a depressed area for real estate? WHAT? Last I saw TV closes on some 300 houses a month. How can I get this information to my banker? Thanks as always for any help.