Freddie & Fannie Bailout

August 21st, 2008 by admin

it’s coming.  Freddie Mac and Fannie Mae are goign to be bailed out and put under strict governmental control.  What does it mean for Investors?   Tighter lending standards for homebuyers and consequently, less buyers qualifying for loans.  So, more tenants who would have qualified for mortgage loans….   Eventually - 18 months, 36 months????   Lending standards will be relaxed and the tenants will qualify for a loan.  Guess what home they will want to buy?  The one  where they have lived, raised their families, made friends with the neighbors, sent their children to the neighborhood schools, made improvements, etc.

This entry was posted on Thursday, August 21st, 2008 at 11:57 am and is filed under Finding Tenants. 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.

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