Home Loan Challenge

What is the single greatest challenge to the Portland Oregon economy? Is it Jobs ? Is it Money for lenders as the national news would report? Or is it apathy and falsehoods?

Yesterday I was sitting down for a little rest and relaxation at a favorite hang out and heard someone in the background with a rather boisterous voice exclaiming to any and all who would listen to just how poor she thought the economy is.

On and on she went describing one debacle after another about others tales of doom and gloom. Not stopping long enough to give names or credibility to the short stories she weaved. Building into a crescendo as more and more interest grew from the surrounding group she blurted ” and if your thinking about getting a home loan you can forget about that ! “ ” There are no home loans available that is unless you have a credit score in the high 700′s and you have at least 25% down.”

It was right there I had enough and rose up and said ” That is just not true”suddenly the room became quiet and the attention swung to see me standing there confronting this purveyor of negativity. ” What she exclaimed? “

“None of the things you say are true”, I said. There  are abundant home loan products available. ” As a real estate Broker working in this state now for over 20 years I am finding no problem at all finding home loans for virtually anyone who wants one.”

Just at that time a fellow who had been sitting close to me also stood up and said. ” I agree completely!” He went on to say ” I am a car salesman and have to combat this every day.” He told us of a common story that happens in his business day in and day out. That of Buyers out looking and finding incredible deals yet reluctant to buy. When quarried their response is that they heard that there were no loans available. ” It is just not true he said ” ” I have multiple financing options available and the rates have never been better”

All in all this is a great time to buy! If your looking for that next car or Your Next Home now is the time. Or you can always wait for prices to start to climb. Then you can sit back and say ” Gee I should have bought when the market was down “

Let_your_next_Portland_home_find_you  stop by or sign up direct at www.househuntportland.com  you will be amazed.