Should we be thankful.. or not??

cptofthehouse
Sun, 23 May 2010 13:27:30 +0000

I know what you mean, Jym. But the reality is that there are not many buyers out there that can get sufficient mortgages to buy homes even with the income that could afford it. When structuring these deals, one has to make sure that if there is default that there is sufficient down payment so that you still make out, and that you are prepared to move quickly.