Still Problems in Housing Market

July 7th, 2010

It doesn’t matter if you are a Republican, Democrat or Independent, this is for everyone…..
(AP) — President Barack Obama says that no matter how much the government spends, some people still won’t be able to afford their mortgages and will lose their homes.
There are still underlying problems in the housing market, the President said, in part because “some people just got too much house for their salary.”
Obama made his comments in response to a question at a recent town hall event.
He said that Wall Street overhaul legislation pending in Congress would help with regulations to ensure that people don’t get “tricked” into buying homes they can’t afford.
Said the President: “We don’t want to go through anything like this again.”

So why am I posting this?….. To further point out how important it is to have legal representation when you are purchasing a home.
The President used the word “tricked” and that is exactly the issue in the current residential climate. Many parties involved in a transaction do not have your interest in mind and will do whatever they have to do to earn their fees, with total disregard to the impact on you as the Buyer.

Don’t be tricked! Don’t wait until legislation is passed, be proactive and look out for your own deal! Retain me before you sign anything so I can advise you every step of the way and give you a legal inspection of your deal.

This entry was posted on Wednesday, July 7th, 2010 at 4:52 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.