Can't Make This Up!

More housing news from Zimbabwe.  Dr. Smelly Dube won three awards for her achievements in housing development, which is cool.  "A rose by any other name would smell as sweet".   The article then took another fast turn like a comedian switching topics - According to the Zimbabwe Association for Housing Finance “providing proof of incomes from informal business activities continued to be problematic for increasingly cautious lending institutions.”  Sounds like 2006 all over again.  Here's the article: CLICK HERE.

You Think Rates are High?

You Think Rates are High?  Go to Zimbabwe

If you are thinking of moving to Zimbabwe, you may consider renting.  To purchase a home, a buyer can expect to put down a 25% down payment and pay at a rate of 12% over a 10 to 15 year period.   If you are thinking of moving there, you should know that the economy isn’t too great, everyone is asking for bribes, the roads are poorly maintained, but we hear the wine is cheap.  This is a plus because the water quality is abysmal. 

The Easterbrook Team

916.850.6050

EasterbrookTeam@spmc.com

www.homeloanworkshop.org