What are the medium and long term effects of the pandemic on the note business?

Treasury Secretary Steven Mnuchin warned Republican senators Tuesday that the coronavirus pandemic could drive up US unemployment to 20%, a Republican Senate source told CNN.Mnuchin's comments came as he urged Republican senators to act on economic stimulus measures totaling $1 trillion designed to avert that kind of worst case scenario.In the same meeting, Mnuchin also said he is concerned the economic ramifications of the coronavirus pandemic could be worse than the 2008 financial crisis, the source said.Mnuchin's comments, which were first reported by Bloomberg News, come amid a rising sense of urgency at the White House and on Capitol Hill to confront the increasingly serious threat of the coronavirus pandemic — on both the public health and economic fronts.

Again...I've never owned a condo...Due diligence.I digress...your question was should I buy in a Pandemic?

There has been no movement at all since the pandemic hit.

They cover loss of income due to a pandemic so we are hoping to still get at least some of the lost income.

I have been a month into my Refinance for my NY two family. Im waiting on the CEMA from my current mortgage lender and my lawyer says by next week....this is my first refi. Can the conditions of the market right now i...

Agreement signed when there was no pandemic and even then the cost was significantly above the market price.

Account Closed I'm having the same problem in Eastern Idaho, even before the current pandemic exploded.

Don't forget, with the ongoing pandemic, many homeowners that cannot work will feel the financial crunch.

Such eventsare often addressed by a “Force Majeure Clause” allowing a party to suspend or terminate performance when circumstanceswhich the parties could not have anticipated, or which are beyond their control make performance of the contract impossibleor impracticable.The current world-wide Coronavirus (COVID-19) pandemic has had unprecedented impacts on real estate transactions,including, but not limited to, travel restrictions, self-imposed and governmentally required isolations, and closures of bothgovernmental and private offices required to fund, close and record real estate transactions.Accordingly, in the event complying with the Close Of Escrow is not possible or practical as a result of unforeseen circumstancesrelated to the COVID-19, such as Buyer’s or Seller’s inability to travel to sign documents, closings of or delays in relatedgovernment and business services, including for example delays by or closing of lenders, title/escrow, county assessor/recorder, or otherwise (hereinafter “Unforeseen Circumstances”) the Parties Agree as follows.