Friday, April 24, 2009

When the Fat Lady does not sing..

... Well,

Despite being 'pre-qualed', the buyer was not able to get financing. Or more correctly, not able to get the Financing they wanted :-)

Seems they are not able to make that mental bridge between getting a 15 year loan vs. being able to only qualify for a 30 year loan and paying THAT one off in 15 years..

Oh Well, as they say it ain't over till the Fat Lady Sings. In this case - the Fat Lady is going back to the buffet table instead.


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