Delay, delay, delay.....Banks Delaying Real Estate Closings

A few things that have unfortunately become commonplace in our current real estate market are: Closings not taking place as planned because of delays arising from lender issues. I understand that things had to be "Tightened up" but a HUGE bailout was given to many banking institutions and it just hasn't helped out our housing industry's recovery much. The market as a whole is still being flooded with bank owned foreclosures & short sales and property values are still dropping. We will NOT be able to dig our way out of this recession until the housing industry recovers. The real estate market over the past few years has been a tremendous challenge for those of us who have stuck it out. It has made me a STRONGER REALTOR as well as a stronger person. Everyone considering BUYING REAL ESTATE needs to act NOW because the inventory is overflowing and interest rates are at record lows. There are some FANTASTIC BUYS out there just waiting for the SMART BUYER.