Oil Busts Houston To 'Loan Scar' State City Seeks Industrial Diversity For Climb Back Into The Saddle.

Maybe I should go saddle up one of my horses, it has been so long they won't know what a saddle is so it will be exciting. 

The old plan, I would have needed to continue teaching until I was 70, my child would have been saddled with a lot of student debt, and who knows if I would even be here at 70 years old? 

Because otherwise I could saddle any one of you with the property by filing in your name and address on a quit claim.  

The move could pave the way for a larger number of new buyers to qualify for a mortgage, particularly millennials who may be saddled with student loan debt.The debt-to-income ratio compares a person's gross monthly income with his or her monthly payment on all debt accounts, including auto loans, credit cards, and student loans.

Saddling yourself with 15 year notes can be dangerous. 

It's impossible to predict when or how long or how much.There are a few scenarios from doomsday to a blip on the radar.One thing is time on market increasing drastically, and if a lot of sales are bank owned (repo's).Those who suffer a Repo, often do not (can not) get back in the saddle and (will be) replaced by new-bee's who (know not the dangers).So there may be a genuine cut in the number of buyers who can buy (either to rent out or to live in).Watch and see if people are doubling up, such as cousins family living in the garage or in a camper in the driveway with an extension cord kind of stuff.That will give you a boots on the ground idea if the area is "Really Suffering Hard" and will probably stay down for a while, or if it's just a flash in the pan--time wise.Home Repo's are something to keep an eye on too.Just my 2 cents.

No one wants to lose equity after a purchase, and no one wants to get saddled with expenses that cannot be paid.

@Ben Stout   If you have substantial equity you refi out ... and pass the asset down to your estate at stepped up basis.. but for me I would rather pay tax then be saddled with a bunch of 30k homes that have little to no exit strategy you don't have to worry about sheltering profit because there won't be any  :)And your right many got fubared going into TIC's I for one am not a fan of pooled investments unless its a very closely held type transaction.. or the Promoter is GOLD and the assets are identifiable..

This would give you the ability to find a buyer (you sell the buyer the option contract for 1.5%) without saddling you with the obligation to purchase the property if you do not find a buyer.