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    Friday, July 11, 2008

    REHAB LOANS

    Do you have a listing that needs repair to be habitable or comply with lending guidelines? Do you have a buyer looking at a property that needs some serious help?! Ask me about REHAB LOANS to get your buyers the homes the want and the financing they need to turn a junker into a castle. Ask me how it can be done.

    Market Update

    Crude oil futures jumped almost $5 per barrel this morning to hit a new high over $147 per barrel. The sharp rise is due to increasing tensions in the Middle East between Iran and Israel, as well as rebel threats in Nigeria and a planned strike of oil workers in Brazil next week.

    I’ve had several questions about Fannie and Freddie Mac today. See the article below.

    http://www.bloomberg.com/apps/news?pid=20601103&sid=apRAcM9YkI4s&refer=us

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