The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: stomper who wrote (578)	8/29/2001 9:06:31 PM
From: Tradelite	Read Replies (3) of 306849

Never said a 90-percent loan is unrealistic....the rest of the melodrama in the scenario is the unrealistic part. That home could be sold before financial disaster really sets in, for one thing. One part of the melodrama that could be avoided is for the family to not buy more house and more loan than they can be comfortable with in the event of a job loss. And since I live right here in the middle of the Silicon Valley of the East, you can't tell me any employees of a tech company feel they have a lot of job security---so they should plan accordingly. Believe me, a good lender will.

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