With the financial set backs many have suffered in today's economy, how long will it take before these folke's "broken credit" gets fixed? Some of these have retrained and/or re-employed themselves with good incomes and cash in the bank.
Aren't there ways for the Realtor Community to help these "turnaround" candidates to obtain portfolio underwritten type loans. Or even Owner Financing? Many are already doing rent to own and lease purchase type transactions. Can't there be some "responsible underwritting" for unconventional financing?
Are real estate agents overlooking this segment of the market that is likley to be significant? Are you an agent that can provide this?
Are you a consumer that has a need for a more creative type of financing?