Who’s impacted by the shutdown?

[lin_video src=http://eplayer.clipsyndicate.com/embed/player.js?aspect_ratio=16×9&auto_next=1&auto_start=0&div_id=videoplayer-1380677187&height=360&page_count=5&pf_id=9620&show_title=1&va_id=4397695&width=640&windows=2 service=syndicaster width=640 height=360 div_id=videoplayer-1380677187 type=script]

KIMT News 3 — Some of the people impacted by the shutdown may surprise you.

If you are looking to buy or sell a home, you could face some bumps in the road, but there are bigger problems than that.

Casey Hatch is a realtor in Austin and the President of the Southeast Minnesota Association of Realtors (SEMAR) and some of the loans it takes for buyers to purchase a home are now unavailable due to the government shutdown.

“It’s really frustrating because we’re out trying to make things happen and the buyers and sellers are trying to do their thing and you have our elected officials up there that are making it very difficult, I think, to keep business rolling,” Hatch said.

Some of the unavailable loans include the USDA Rural Development Loan and the Federal Housing Administration (FHA) Loan, but Hatch is not too concerned about that yet.

“Yeah, they won’t be going through their underwriter, they won’t be actively doing those files, but honestly, a lot of the government programs are slow to begin with,” Hatch said.

He said he really will not start getting worried unless the government ends up shutting down for a few more weeks.

Some who are already feeling the impacts include the Minnesota National Guard despite the fact that President Obama signed a bill Monday guaranteeing pay to active duty military personnel.

In a statement the Minnesota National Guard said there about 2,100 full-time military personnel and about 1,200 of those are military technicians who are furloughed.

Those with the National Guard say that they must follow the Department of Defense furlough policy, but they want citizens to know that they will be ready in an emergency.

The statement says, “…it is important that the people of Minnesota know that our citizen-soldiers and airmen remain ready to respond to state or federal emergencies.”

In the meantime, others like Hatch will move forward as usual.

“If it delays things for a few days or a week, so be it, that’s the way this business has always been, that’s the way it’s going to be in the future, so I don’t think it’s going to make any difference,” Hatch said.

Many federal workers were required to show up for work Tuesday morning and it was not until they arrived that they were either told to stay or to go home.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s