2.20.2012 – Happy Presidents Day!

Regardless of your chosen party affiliation, today we celebrate Presidents Day in the United States of America. Intended to acknowledge our first President, George Washington, Presidents Day was originally implemented by an Act of Congress in 1879. It became the first federal holiday honoring an American Citizen.

Before become President in 1789, Washington was commissioned by Congress to lead the Continental Army that was effectively holding off the British in Boston. The British wanted to take over the land, Americans wanted to keep it. Although there may be varying sentiments, which provoke war, its foundation demonstrates the value of land. Owning land and protecting land. It is who conquers or protects the land that wins.

A Summary of the Revolutionary War

This may be an extreme example of the importance we place on property, but it’s interesting how many of us have an innate desire to own our own land. Owning property is valued as beneficial, and so often taught as something to strive for. The origination of this belief can be found far back in history.

If purchasing real estate is a current goal of yours, it can be frustrating if it seems unachievable. There is never just one way to do something. If you have been turned down by a bank or are hesitant to even try for a loan due to previous hardship, credit challenges, bankruptcy or even foreclosure, don’t give up! Consider alternative options. Contact our loan professionals at 858.705.6144 to find out what strategies you need to advance forward. Whether or not you can purchase today, you will have more information to help you better plan your attack. Knowledge is power! Let Source Capital help empower you.  -Sindi Somers