Homebuyers: To get the house, get there first
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Government shutdown puts a wrench in housing market
The shutdown is delaying home sales and approval of loans because lenders rely on government data, such as verification of borrowers' income, that aren't available. Jay Joerger was set to close a long-planned sale of his Palm Springs condominium this week until he was blindsided by an unexpected problem: the shutdown of the federal government. The condo sits on land owned by an Indian tribe, so the sale must be approved by the U.S. Bureau of Indian Affairs. But ... [Read more]