Ed's Blog

November 21st, 2007 5:20 PM

 

Just thought I'd share an email I recently sent out to our real estate agent partners. The headlines get so discouraging that sometimes you need to remind yourself that there are still a lot of houses being sold!

Hope you have a great Thanksgiving!

"Sometimes you just have to call someone’s bluff. Today I’m calling the media’s bluff. All of their efforts to sensationalize the “mortgage meltdown” can’t change the fact that there are still a lot of loan products and money out there to lend. And that there are still a lot of buyers!

Case in point: my team recently closed an $880K stated income loan. Yes, you read right. 75% LTV, with 25% cash down, and a rate pretty darn close to full doc rates.

I share this with you in hopes that this weekend, whether you’re working or taking a couple of well deserved days off, you remember not to fold and surrender to the line of thinking that people don’t want to buy, or loans can’t be closed.

If you and your clients have the will, we can find the way!


Posted by Ed Craine on November 21st, 2007 5:20 PMPost a Comment (0)

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