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Mesa County residents who will be buying a home, refinancing their mortgage, or even just financing a car anytime soon, should think twice before making abrupt credit moves. Even some actions intended to reflect positively on their creditworthiness can backfire.
There was a sort of silly article last summer, “What You Can Do if Your Air Conditioner Breaks Before Selling Your House”—a title designed to ensure that Mesa County readers who plan on selling their Mesa County house will put everything on hold while they find out “what they can do” if their A/C goes AWOL.
The bright economic news that began this summer may have wilted a bit in the July heat, but as the month drew to a close, Mesa County real estate watchers have reason to doubt that some of the more dour expectations will materialize. Especially worries about a possible replay of the Great Recession’s rush of foreclosures seems improbable for a number of powerful reasons.