Today I’m joined by Michelle Kaufmann from Prime Lending to discuss financing during the coronavirus situation. When COVID-19 was just starting, I invited Michelle here to talk about the economics of the pandemic, so I thought she’d be a great person to have back. Today we’re going to examine how the health crisis has impacted financing, forbearance, and the latest good news in these areas.
Cited below for your convenience are timestamps that will direct you to various points in the video. Feel free to watch the full message, or use these timestamps to browse specific topics at your leisure:
0:00: Introduction to today’s topic
0:50: A metaphor for what’s currently happening to people economically
2:10: The trouble we’re seeing with forbearance
3:50: The truth about forbearance payment
4:15: New construction and forbearance
6:00: Before doing anything that could impact your credit, speak with your loan officer
7:05: The good news
8:00: Wrapping up today’s topic
Whether you live in the Triangle area or anywhere else in the country, if you have questions or want help finding your way out of forbearance, Michelle is a great person to reach out to for help. You can call, visit her website, or email her at mkaufmann@primelending.com.
If you any questions about real estate or suggestions for videos you’d like to see, please call me at (919) 675-9967 or email me. I would love to speak with you.
