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-   -   For those closing this week. (https://www.talkofthevillages.com/forums/villages-florida-general-discussion-73/those-closing-week-303925/)

RalphM 03-16-2020 05:14 PM

For those closing this week.
 
Considering whats happening on wall street, should those expecting to close on new or resale houses should the buyer follow-through?

rustyp 03-16-2020 05:26 PM

Quote:

Originally Posted by RalphM (Post 1728535)
Considering whats happening on wall street, should those expecting to close on new or resale houses should the buyer follow-through?

Well three items to consider
1. If you are getting a mortgage what is the terms ? Are you locked in already or does the agreement use the interest rate on the day of closing ?
2. How tight are you ? My forecast is price of house is about to do a dive but will recover. Question is when ?
3. How long do you project you have left to live ?


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