Government Shutdown effect on Real Estate

I know we may all be wondering how the Government shutdown may affect our daily Real Estate  business.  

Here are the basics:
-FHA and VA loans are currently experiencing a slight slowdown, as long as the shutdown is short lived
-USDA is not accepting new applications or issuing guarantees 
-The IRS and Social Security Administration are not able to produce tax transcripts and verifications, this is a standard guideline on all loans.  This is the largest factor that can affect the loan process.
- FEMA slowdown only affects map amendments or map issues
This shutdown will have an impact on real estate, for both home buyers and sellers.Although this will have an effect on pending home sales, buyers and sellers should not panic. Home buyers and sellers need to be aware.

More information can be found at Georgia Online Homes 

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