I need to sell my home very fast. How long after bailout is passed will banks lend money for mortgages?
Posted by | Posted in Buy My Home Fast - Questions & Answers | Posted on 24-04-2010-05-2008
3
I am in the process of buying a house but I need to sell mine ASAP. I am worried that the lenders are not lending out money which would make my house very difficult to sell. My question is When the Bailout Bill is passed how long will it take before banks start lending money again and people with decent to good credit can get a mortgage? Days, weeks, months, years?
I know that my house is priced for a quick sale but if mortgages are frozen I will be stuck paying 2 mortgages.