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re: Most Underwater Mortgages in the US - Baton Rouge 1st, Nola 2nd WTF?
Posted on 5/9/24 at 10:01 am to teke184
Posted on 5/9/24 at 10:01 am to teke184
quote:
ell, $0 down home sales like Horton and DSLD tend to use the rural development grants to get qualified buyers.
Those buyers are clearly underwater at the moment of sale and likely for a few years afterward depending on what gets rolled into the mortgage.
Excellent point!
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