Not sure why this surprising, late comers to the purchase party, even qualified ones, get the last of the zero down deals. Home value pluments 20% (at least) Completely underwater and walk, can't sell without a loss, can't refi. They may not have planned to to go anywhere, but if they have to, they can't. If they have reserves, keep pouring down a rat hole or split?
_________________ From the Wisdom of Rat "People are american idol$ and I hate them"
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