My thoughts on fee for service real estate
The Obama administration introduced a housing aid plan that many hope will provide a boost to the real estate market and, in turn, the economy. One of the main goals of the plan is to help responsible consumers and their lenders make mortgage payments more manageable, thus reducing the number of defaults and foreclosures. The one welcome change in all the real estate tumult has been interest rates. Many consumers who had previously put their home purchasing decisions on hold, are now encouraged by historically low interest rates. But many budget conscious buyers are considering options like fee for service real estate and even shopping for homes without a realtor.