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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Crimson Ghost who wrote (35396)7/15/2005 3:01:40 PM
From: deenoRead Replies (1) of 306849
 
It wouldnt be a "stock" margin. You borrow from a bank using "collateral". which can be up to 90% in most cases. Banks and brokers have different rules. But I think your point is well taken that 1. Who would know that. 2. how many people actually did that. 3. as a % of people out there, whats the margin like in general.

Then you compare that with the Average for a mortgage. In SC your talking an AVERAGE 6% down. The exception of a "player" borrowing up to 90% just proves the rule.
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