It's that for now we want to hold off for several months, possibly until the end of the year, so that we can see how the fallout from the pandemic plays out. 

Hello Everyone,I'm in the process of buying a cottage on Cape Cod and wondering if I should bail out with this pandemic. 

Any who can not manage that, as simple as it is.... likely will be introduced to the concept of natural selection.The waste of time on fear and gossip, lack of spine, and apathy of daytime tv will be the real pandemic. 

NAR also signed a coalition letter(link is external) that would encourage Congress to provide readily accessible, unsecured credit to employers and self-employed individuals of all sizes to ensure they have the cash to pay their workers, rent, and other costs during this crisis:Suspend the filing of business returns and the payment of all business taxes to the federal government for the duration of the pandemic; and amend the Tax Code to, among other items, restore the ability of businesses to carryback any net operating losses against previous year tax payments;Suspend the application of the Section 163(j) limitation on interest expense deductions for tax year 2020 to avoid penalizing businesses for borrowing during this crisis; andSuspend the Section 461(l) loss limitation on pass-through businesses to allow businesses to full deduct any losses they incur this year.Essential Real Estate ServicesNAR is working with state associations, many of whom are reaching out to their Governors to request that certain real estate services be deemed “essential services” during emergency declarations.

My husband is an attorney- so as long as there is crime he has work. we decided we didn't need a pandemic office. 

4.06% March 8 (22 deaths of 541 cases)3.69% March 9 (26 of 704)3.01% March 10 (30 of 994)2.95% March 11 (38 of 1,295)2.52% March 12 (42 of 1,695)2.27% March 13 (49 of 2,247)1.93% March 14 (57 of 2,954)1.84% March 15 (68 of 3,680)1.6% March 17 (116 of 7,301)1.4% March 19 (161 of 11,329)1.25% March 20 (237 of 18,845)1.29% March 21 (348 of 26,863)After several days of testing in the US, the numbers are starting to look closer to what you would expect from a harsh flu season.PERSPECTIVE:** The 1918 Spanish Flu Pandemic killed 675,000 out of US population of 103,268,000 or about — 1 in 200** The 2020 Coronavirus has killed 218 (so far) out of a population of 333,546,000 or less than — 1 in a million(Still, as my mother would say "wash your hands and don't pick your nose", anyway)

Some HMLs will lend to foreign nationals, however with the recent pandemic this may change.  

This pandemic and its affects will be longer than most people hope. 

Is it worth using my reserves for several months to cover part of the mortgage before getting a new tenant in place until this pandemic is over?

Office and retail seem out of my risk appetite profile with the uncertain outcome of this pandemic.