http://houstonhousingmarket.org/2009/05/consumer-alert-beware-of-happenings-at-lofts-on-post-oak/ A Real Estate and Finance Blog Tue, 13 Apr 2010 21:24:02 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://houstonhousingmarket.org/2009/05/consumer-alert-beware-of-happenings-at-lofts-on-post-oak/comment-page-1/#comment-487 Jim Gilbert Wed, 15 Jul 2009 17:13:39 +0000 http://houstonhousingmarket.org/?p=357#comment-487 Though I don't work the Houston area, it is sad to hear this news, especially its possible impact on current loft owners. I will be interested to read an update when you have one. Though I don’t work the Houston area, it is sad to hear this news, especially its possible impact on current loft owners. I will be interested to read an update when you have one.

]]> http://houstonhousingmarket.org/2009/05/consumer-alert-beware-of-happenings-at-lofts-on-post-oak/comment-page-1/#comment-362 Charles Richey Mon, 15 Jun 2009 00:32:10 +0000 http://houstonhousingmarket.org/?p=357#comment-362 We were starting to see the same thing here in Las Vegas last year. Certain projects would basically be black listed by some lenders. Most of those didn't survive it either. We were starting to see the same thing here in Las Vegas last year. Certain projects would basically be black listed by some lenders. Most of those didn’t survive it either.

]]> http://houstonhousingmarket.org/2009/05/consumer-alert-beware-of-happenings-at-lofts-on-post-oak/comment-page-1/#comment-254 Steve Hysinger Tue, 19 May 2009 14:08:42 +0000 http://houstonhousingmarket.org/?p=357#comment-254 This is so much a sign of the times. And the vultures begin hovering. Maybe a little more bailout money to the "right" bank would allow them to go in and start buying these units for pennies on the dollar. This is so much a sign of the times. And the vultures begin hovering. Maybe a little more bailout money to the “right” bank would allow them to go in and start buying these units for pennies on the dollar.

]]> http://houstonhousingmarket.org/2009/05/consumer-alert-beware-of-happenings-at-lofts-on-post-oak/comment-page-1/#comment-250 Ashlee Tue, 19 May 2009 02:42:15 +0000 http://houstonhousingmarket.org/?p=357#comment-250 That is interesting. If I lived in that building I would be worried about my values and no one is going to want to buy in that building. That is interesting. If I lived in that building I would be worried about my values and no one is going to want to buy in that building.

]]> http://houstonhousingmarket.org/2009/05/consumer-alert-beware-of-happenings-at-lofts-on-post-oak/comment-page-1/#comment-237 admin Fri, 15 May 2009 19:29:23 +0000 http://houstonhousingmarket.org/?p=357#comment-237 @Kevin: Now that is very interesting. Are you sure that Choice Home Financing is not a mortgage brokerage who holds a Wells Fargo line of credit. Because if this is the case then it makes sense that Choice would still orginate loans or we could have a situation where the information on the website is out dated. @Kevin: Now that is very interesting. Are you sure that Choice Home Financing is not a mortgage brokerage who holds a Wells Fargo line of credit. Because if this is the case then it makes sense that Choice would still orginate loans or we could have a situation where the information on the website is out dated.

]]> http://houstonhousingmarket.org/2009/05/consumer-alert-beware-of-happenings-at-lofts-on-post-oak/comment-page-1/#comment-236 Kevin Fri, 15 May 2009 15:07:22 +0000 http://houstonhousingmarket.org/?p=357#comment-236 Interesting -- especially given that the website for Lofts on Post Oak still claims that "financing is available through Choice Home Financing, an affiliate of Wells Fargo Home Mortgage". (In fact, the Wells Fargo affiliate is the only mortgage lender named on the website. Interesting — especially given that the website for Lofts on Post Oak still claims that “financing is available through Choice Home Financing, an affiliate of Wells Fargo Home Mortgage”. (In fact, the Wells Fargo affiliate is the only mortgage lender named on the website.

]]> http://houstonhousingmarket.org/2009/05/consumer-alert-beware-of-happenings-at-lofts-on-post-oak/comment-page-1/#comment-226 admin Sat, 09 May 2009 03:50:19 +0000 http://houstonhousingmarket.org/?p=357#comment-226 @Shannon Ensor: Yes, they are saying they will not originate any type of loan on this building not just FHA. @Shannon Ensor: Yes, they are saying they will not originate any type of loan on this building not just FHA.

]]> http://houstonhousingmarket.org/2009/05/consumer-alert-beware-of-happenings-at-lofts-on-post-oak/comment-page-1/#comment-203 Shannon Ensor Fri, 08 May 2009 19:52:09 +0000 http://houstonhousingmarket.org/?p=357#comment-203 I've heard of lenders not lending on condos if the buyer is FHA, but is Wells Fargo saying they won't even lend on a conventional loan here?? I can definitely see how this could negatively impact the current homeowners at this project. I’ve heard of lenders not lending on condos if the buyer is FHA, but is Wells Fargo saying they won’t even lend on a conventional loan here?? I can definitely see how this could negatively impact the current homeowners at this project.

]]> http://houstonhousingmarket.org/2009/05/consumer-alert-beware-of-happenings-at-lofts-on-post-oak/comment-page-1/#comment-195 Janie Miller Wed, 06 May 2009 14:31:14 +0000 http://houstonhousingmarket.org/?p=357#comment-195 Great information. Another reason for buyers to talk with a lender as soon as they decide to start looking for their home. Great information. Another reason for buyers to talk with a lender as soon as they decide to start looking for their home.

]]>