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Reply to "Buying A House In This Craziness"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We picked a great time to buy our house. We have a ratified contract, appraisal, and interest rate locked. We are about three weeks from closing but are worried about what would happen if a shelter in place order is made. Can we still close? Will we lose our interest rate lock?[/quote] If you are in DC area..do not close. You are going to lose 20% value. [/quote] oh baloney. when this ends, there will be a jaw dropping surge in demand for sfhs the likes of which even this area has never seen before. The DMV, with its usual core of largely recession proof jobs will hum along, and get even richer due to the money Biden and the Dem Congress will throw at healthcare, tech, and defense consulting. no one is going to be as interested in condos anymore. IF it's safe, proceed as reasonable.[/quote]
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