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| Sep. '05 |
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Welcome to the September edition of the San Diego Market Focus newsletter. It has been a great summer here in Southern California and in this month's newsletter we feature a DataQuick summary that clearly indicates the Southern California real estate market is still as strong as ever. Also included in the newsletter is an article that focuses on key fundamentals of getting a loan application approved-something that is even more important than ever now that there is plenty of listing inventory for buyers to choose from. Finally, we have included a quick reference for things to check on this fall (including Daylight Savings time change). Enjoy! |
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Southern California Home Sales in August
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Autumn Reminders
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Top 10 Reasons Loan Applications Are Rejected
As interest rates rise and rising housing costs swells lenders' portfolios with riskier loans, lenders will tighten underwriting rules making it tougher to buy a home.
Still -- in hot markets and in cool ones -- the fundamentals apply.
Getting a loan application approved is often knowing how to keep lenders from saying "no." To that end, here are the Top 10 reasons loan applications wind up the circular file. There are more, but these top the list.
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