There. I said it. And I did not sugarcoat it. We are seeing more and more buyers in Brooksville, Spring Hill and Weeki Wachee who are being misled by real estate agents who have forgotten two basic rules of their real estate training: Don’t show properties to buyers who have not at least begun the pre-approval process for financing a purchase. Never bring a buyer to a home he or she cannot afford. These rules are even more important in today’s economy, where lenders, despite offering low interest rates, are being very picky about to whom they will lend. This due diligence is good news when you consider that the inflated mortgages that were routinely approved a few years ago brought our nation to the brink of financial Armageddon. However, it puts added responsibility on borrowers, who need more cash for down payments, a solid credit score, and a favorable … Continue reading →