This means there are more than five times as many vacant apartments as there are estimated homeless people. There are 16 million vacant homes in the USA. Of course, it is not in Freddie or Fannie’s charter to help 2 nd home or investment property financing as the focus is on first time home buyers, underserved segments of the population, and affordable housing. “We promise an on-time closing in as soon as three weeks or you’ll get $5,000.” As summer winds down, in many second home areas like Florida, concerns in places include investment property and 2nd home price adjustments. What percent of your clients don’t close on time? In retail news, if you’re a Chase customer buying a new home or an investment property, you may be eligible for the Chase Closing Guarantee. Certainly, storms can impact borrowers and lenders, as can documentation problems or appraisal delays. Fortunately, this year’s hurricane season in the U.S has been tepid, so far, and fires in the West have been limited.
Severe temperatures in China, a hot summer in the Western U.S.
Nature “always bats last.” Terrible flooding in Pakistan, flooding in Mississippi impacting its drinking water supplies.
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