Quote:
Originally Posted by Botnst
Is that accurate? I mean, if you were to buy a bunch of mortgages from lien holders in AZ of FL, would you offer as much now as you would have 4 years ago?
|
I was thinking more along the lines of this...If I borrowed 100k to buy a house a few years ago, I'd still pretty much owe a 100k today. The value of the property however is in the toilet.