Posts Tagged ‘Realestate Market’

With tighter lending standards, how hard is it for a retired senior citizen to get a loan?

Greasy Tony asked: My parents are thinking of selling thier home and relocating. What are the risks as retired seniors with the bad stock and realestate market? With the tight lending standards, what are thier chances of even getting a loan at their age?
They have good credit and good equity in thier current home. [...]