Tough Economy = Tough Objections!

Consumers watch the same thing on television that we do as Real Estate professionals.

What is interpreted understood might be entirely different! Lately I have been receiving some new questions that I've never faced before, after all, one media outlet says this is the worst economic times since "The Great Depression."

Hardly anything to laugh at, but certainly worthy of discussion. All walks of life from all sorts of education backgrounds share different concerns and have different questions. I have however, noticed some of the same questions being asked over & over again. Provide an answer to any question you like!

I thought posting these questions to all of you might provide a terrific opportunity to hear what the best of the best have to say from around the country..

1. I hear this is a horrible time to sell my home. Nobody can get a loan right?

2. I think I'll wait untill next year when prices come back up.

3. I'm afraid if I get a loan that it will be denied at the last minute.

4. I don't have 5 or 10% to put down on the home, plus there is no longer 100% financing. I hear FHA is the way to go.

5. My home has been on the market for over 6 months and I can't afford to drop the price anymore. Should I lease?

6. I think I'll lease instead of buying that way I can hope for better interest rates or programs.