I just found out why my messaging all the sudden got banned.

I don’t want to owe $600,000 on real estate that is all of a sudden only worth $300,000

Somehow, when the time came closer, suddenly all the details changed to much less attractive terms.

You will suddenly find yourself upside down in the loan, and unable to refi out.

Having said that, prices have certainly adjusted to the hype with a surge in the last few years, which has a lot of investors thinking the area is overpriced.

mySA: San Antonio is suddenly everywhere, just like Austin 10 years ago.https://www.mysanantonio.com/news/local/history-culture/article/San-Antonio-lists-eater-zillow-spotlight-austin-16786039.phpThis is what I have been talking about 🙂 It took nearly 10 yrs for Austin to be at that place.

So a cabin that was renting for $399 in a boom, but suddenly have to cut rates by 30, 40, even 50 percent in order to stay rented in a recession.  

Subprime and most Alt-A went away, and suddenly it appeared no one was lending because of all the overlays. 

Then all of a sudden the hedge funds came and started buying up nearly all the listings for homes 2000 and newer.  

You don't want to lose this property in 5 years if the CAP rate changes suddenly.