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Loan Modification
: Mortgage Lender Implode-o-MeterLack of Mortgages Frustrates Young Saudi Homebuyers
By Implode-Explode Heavy Industries
After five years of searching for a mortgage in the Saudi Arabian capital, Riyadh, 28-year-old Abdulaziz Al Salem has some advice for his peers: Forget it.
?Home ownership in this country is nothing short of a nightmare,? said the father of one. ?If you?re not descended from a wealthy family or have an extremely successful business, you probably should give the whole thing a pass.?
Full post as published by Mortgage Lender Implode-o-Meter on October 19, 2010 (boomark / email).
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