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Monday, May 25, 2009 Buying home under the influence
I was showing a new client into my office the other day when she remarked on how lovely and off-the-beaten-path it was, and then asked how I found it. I related how I had first come into the area to look at an office across the way that was up a steep, long flight of stairs, but I decided against it, "because so many of my clients' down payments are provided by their parents, so I wanted to be sure I had a ground-floor office that their parents can get into!"
That got me to thinking -- my clients' parents had a pretty major impact on my choice of office location, but they often play an even more significant role in their adult children's real estate transactions -- sometimes intentionally, other times totally unwittingly. More » Zillow's hottest new tools for real estate
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NOTABLE QUOTE "The majority of loan defaults associated with residential mortgages can be avoided, but only if the banks holding and servicing the loans are willing to change the way they do business and begin working with their customers." --Bill Aboumrad | 
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