no money down home purchases sub prime sales no equity home ownership down payments fixed: No Money Down? No Equity! You Don't Own Anything!
- 02/25/08 03:29 PM
I was watching a segment on the Atlanta evening news recently that dealt with a family losing their home to foreclosure. I guess it was supposed to be a poignant heart wrenching segment, but they lost me when the family returned home from a cruise to find out they were losing their home. I suddenly was not choked up anymore! I mean I do not take cruises, nor do I buy real estate with no money down on teaser rates. What were they thinking? The scenario for an experienced real estate agent in unimaginable, yet it seemed to happen en-masse! 100%
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