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I can't tell you how many customers would call to be pre qualified for houses that were in the $225-$300 range. After doing the pre-qualification, I would determine that could only afford $125-$200ish I would tell them you can't afford a home past a certain price range! 99 out of 100 times they would do it anyway. I have done Mortgages for over 9 years and many times I would tell a customer you can’t affords this and they would thank me and hang up, when I would follow up with Them to see if they found a house in the price range that they could afford, I would find out the had already bought at the higher price and went stated.<br> <br> Bailing these people out is a waste of Tax payers money, People who make bad decisions can only be counted on to make further bad decision especially if someone else has to pick up the tab!!
By David

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This week's poll
The high cost of jet fuel has a lot of people staying at home this summer instead of traveling. Is there a "staycation" in your immediate future?
Yes, I just can't afford a plane ticket and/or hotel room right now.
No, I've saved up all year just to get away for a bit.
Maybe, I have to wait and see how my finances pan out.
see previous polls


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