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You Know Plenty, Mr. D!

Last week, I wrote about the dilemma posed by sellers’ concessions in today’s real estate marketplace:  http://real-lawyer.livejournal.com/214531.html A colleague shared his succinct analysis of this tactic to get more under-funded people to buy houses while raising the amount of mortgages sold:

I really think that the seller's concession is total %*& and should not be permitted.  Unfortunately, it is still permitted and it is the mortgage people who tell their client to get it.

But eh, what do I know?

Comments

( 2 comments — Leave a comment )
(Anonymous)
Oct. 21st, 2009 05:53 pm (UTC)
Thanks!
Hi - Great blog, thanks for posting this info. It's tough to find real data on the housing market these days. Thank you for writing about it.

I really like your writing style. Very distinctive and to the point.

Please check out my blog @ www.MortgageNewsman.com. Let me know what you think.

Cheers!
real_lawyer
Oct. 21st, 2009 09:39 pm (UTC)
Re: Thanks!
I appreciate the compliment, and checked out your blog. Is it just a news aggregator or did I miss your commentary?
( 2 comments — Leave a comment )

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