But it's shocking how large of a percentage of buyers won't ask for a refund even though they could because it's essentially admitting that they failed.

You’d be shocked by how little actual screening many PMC’s do!

You’d be shocked by how little actual screening many PMC’s do!

Since those with low rates in the current home stayed put in droves.. much of the only inventory was new builds it took a few months to flush through the shock but since then we have done quite well and did extremely well this winter spring . 

You’d be shocked by how little actual screening many PMC’s do!

I'm shocked that she is expecting something back.

You'd be shocked how often this works.

They seemed to be as shocked as we were that a dead deer was rotting in their own backyard under a tarp. 

I've worked on some preliminary underwriting analysis based on my land development research over the past few months.

With conventional rates in the 6.5-7% range on a primary home, payment shock can be offset by exploring extended amortization schedules such as 40 year or 10/30 Interest only loans.