Talk of The Villages Florida - For those closing this week.

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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?

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 ?