Banks / tighter lending can save you
Started by anonymous
over 11 years ago
Discussion about
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Just read about one example where the bank saved a woman from a very from a really bad purchase. One woman makes the case: "... they were willing to finance a fifth-floor walk-up coop in a building in Harlem for only 10% down." "Yes, a truly stunning apartment, with magnificent views. Lot-line windows that I only noticed at the last minute, that weren't disclosed as such. Luckily appraisal came in below offer, and I had an appraisal/financing contingency in the contract"