-- Nine out of 10 customers approved
for a mortgage through reliable lenders
like Weichert Financial Services --
Weichert
Financial Services, an affiliate of Weichert, Realtors, is one such company
that is meeting the current demand for home financing. In fact, the company
reports that nine out of every 10 people who come to them are approved for a
mortgage.
“With the
current uncertainty of the market, people have the misperception that there is
no money available.” said Stephen Adamo, president of Weichert Financial
Services. “While the ‘credit crunch’ has impacted some lenders who invested too
heavily in risky loans, companies that maintained responsible lending practices
over the years are still in a position to lend mortgage money.”
Affordable
home prices, coupled with historically-low interest rates and a large surplus
of houses, presents a great opportunity to buy.
The current housing market is particularly advantageous for first-time
home buyers who can benefit from a temporary $7,500 tax credit that Congress
put in place and that will expire after June 30, 2009.
Recent trends
suggest that Americans are recognizing the great value currently offered in the
housing market. The National Association of Realtors announced recently that
pending home sales had jumped to the highest level since June 2007.
Weichert
Financial Services is one of the “Top 35” lenders in the
Weichert has nearly 18,000 sales associates in
more than 500 company-owned and franchised sales offices in key markets
throughout the U.S. A family of
full-service real estate and financial services companies, Weichert helps
customers buy and sell both residential and commercial real estate, and
streamlines the delivery of mortgages and home and title insurance. For more information, Weichert's customer
service center can be reached at 1-800-USA-SOLD or at Weichert's Web site,
www.weichert.com. Each Weichert
franchised office is independently owned and operated.