Please dont decide you want to buy a property and then find out that you cant qualify for the financing or that the property doesn't debt service, it's a waste of your time and a little sad! 

@Will LHeureux I gotta say I am sad how only 1, @Jim K. caught the VERY importance in your comment, that the only correct answer is "it depends"..... 

@Jay Compton too be honest, that all sounds a lot like Hawaii now days, sad to say ...

I see the Mexican government making a bid to gain back California lol :mrgreen: The sad thing is that Arnold would probably sell it to them for $5 and a bottle of Jose Quervo :mrgreen:

The writer is sadly no longer with us....her pieces are excellent.Mortgage ServicingNegative AmortizationFICOs and AUSPrivate Mortgage Insurance IPrivate Mortgage Insurance IIForeclosure and REOMBS IMBS IIMBS IIIDelinquency and DefaultReverse MortgagesLeverage, Ratings, and Forced UnwindMortgage Origination Channelshttp://www.calculatedriskblog.com/2007/07/compleat...

You don't need the long laundry list of sad reasons to sell depressing the potential customers."

I left the website yesterday with the sad feeling I've felt at many real estate seminars in the past.

Recent elections have seen issues like 'breaking and entering' not being a crime, and on and on....Hard to believe but that's where we are now (or that's where they are now )This is sad, but true.

Very sad)!!!!

Will Hunting: See, the sad thing about a guy like you is in 50 years you're gonna staht doin some thinkin on your own and you're gonna come up with the fact that there are two certaintees in life.