About that crazy idea mentioned… If a home buyer who puts less than 20% down is required to buy mortgage insurance for the lender, shouldn't we also require lenders who make loans with less than 20% down to buy mortgage insurance for the primary-home buyer to compensate them if their house’s value falls more than 20%?
History of REO and Short Sales in metro Phoenix
History of REO and Short Sales in metro…
History of REO and Short Sales in metro Phoenix
About that crazy idea mentioned… If a home buyer who puts less than 20% down is required to buy mortgage insurance for the lender, shouldn't we also require lenders who make loans with less than 20% down to buy mortgage insurance for the primary-home buyer to compensate them if their house’s value falls more than 20%?