Lucianna P asked:


My commercial property was under agreement with a buyer who put $1000.00 hand money down with my real estate agent, but the buyer could not get financed. When I asked my real estae agent about the hand money, he said it would be returned to the buyer. When I purchased my home, I was told that if the deal fell through, I would lose my hand money & that I would not get it back?

Darrel

jim b asked:


there are 75% renters and 25% owners who occupy the units??????

Louella

VGP asked:


It looks like rates are down to 3.5% according to news papers. But, mortgage rates are still in the upper 5 or lower 6 %. What is the relation between this federal rate and mortgage rate. Also, do you think it is good time for people with great credit to buy a first home?. Is fixed rate the best way to go to lock up a good rate forever?

Deidre

peeboo6es2003 asked:


I know the mortgage rates fell this week, but what did they fall to? How long will this last? I am currently looking for a home, so it would be good info. to know. Thanks.

Allen

overthinkover asked:


I know nobody has a crystal ball, but given what you know of the past and of economics….what is the likelihood that we’ll see…8%, 9%, 10%, 12%, etc…interest rates on mortgages again? Like in the early ’80s. What economic factors would have to be in place? Would you say the chances are high or low? What does your gut say?

Andrea