PALM SPRINGS CALIFORNIA REAL ESTATE

Buyers and Sellers needn’t accept what media is depicting as a scarcity of Jumbo Loans: “Homeowners with higher-price loans don’t qualify for mortgage modifications under the Obama plan. Low interest rates are unavailable if they try to refinance. And finding a buyer who can get financing takes far longer than for lower-price homes, because banks want as much as 30% down and six months of mortgage payments in reserve.” Read our newest blogpost for some possible solutions!