Saturday, 25 June 2011

It seems like no one can get a mortgage now days. Had two buyers fall through because they could not get a mortgage. I suppose with house prices dropping all the time if mortgages are not paid the lender will not get the full price of the house as the value will have dropped.

Since looking at houses at the beginning of March, many of the properties are still on the sites. Some have brought their prices down but still not sold.

I had a lovely week in the half term with my daughter and two grandchildren looking at houses. We spent five full days on the beach it was beautiful. Made us all realise Paignton is where we want to be. We all loved it.

So we may not be there right now but we are going to get there no matter how long it takes.

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