Friday, August 17, 2007

Always something

Just when I thought I could breathe easy, the Washington Post runs this article:

Approved Home Loans No Longer Done Deals


Ugh.

Letters from lenders approving loans "used to be a reason to exhale, a reason to believe that a deal is done," said Leisa Hart, an agent with Long & Foster Real Estate. "We no longer have reason to exhale until we've gotten to the settlement table and until that loan has been fully funded."


Yup.

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