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To: Snowshoe who wrote (55308)11/1/2004 11:30:45 AM
From: RealMuLan  Read Replies (1) | Respond to of 74559
 
>>The debtor loses the down payment, which is a lot larger than the security deposit on a renter's apartment. <<

Snow, you need to keep up with the new trend<g>. In the last couple of years, some home buyers, if they choose to, do not need any down pay to buy a house. They can either borrow from a credit card for the down pay, or use the house they are going to buy as collateral to borrow the down pay.