Wash Real Estate agent

Total Rating:
0 / 0

1 Comment

    • Thu Sep 20th 16:28 PM | Rating: 0 0
      Commented on:
      Alliance Bancorp Files for Liquidation: Alt-A Companies Suffer in Sympathy
      Great article! It hits home as someone who's client was nearly victimized on Alliancebancorp's demise when my client signed off at escrow May 30 but it didn't fund the next day. We were able to scramble and put another lender together and extend the closing. I don't know if we could have accomplished this today! It's easy to see the impact all this will have throughout the economy. While my RE market is among the most robust in the nation...buyers are on the sidelines. I'm not sure if they're actually unable to get financing or just think they can't. Alt-A should be one of the troubled segments affected by true subprime to see the "healthy" well positioned lenders take advantage of. They're sure to gravitate to this vacuum that approaches the giant "sucking" sound that little guy from Texas RP coined.
      View article »
Contribute an Article Become a Seeking Alpha Contributor