Return to the Old Days When Houses Sold in Ugly Markets – Suggestion #1

I hate to age myself but with 43 years of selling real estate, I have seen other ugly markets. When prices were low and buyers were scarce, the investors took up the slack. They could do it today too with a few changes. Let investors buy homes by assuming FHA and VA loans. Wouldn’t mortgage lenders and the government rather have investors assume these loans than lose on short sales and foreclosures? Why do investors have to pay down a loan to 75% exposure? The houses will rent for the payments. And are loan assumptions so complicated. In the “old days,” buyers were able to assume loans with a $35.00 assumption fee. I actually had a lender turn down a buyer with 2 million dollars in assets who wanted to assume a VA loan of $80,000 as a home for his daughter. Does that make sense?