There’s been a lot of finger pointing lately about who’s to blame for the housing fiasco. When, and if, an accounting is ever reasoned out, the following attitude has got to be placed near the top of the list of "Reasons Why This Happened": [Hat tip to "bkozak33" of Broker Outpost- I've edited just a bit.] My Realtor gave me a contract for a lady to buy a home for $300K. I got her aproved at a 7.25 interest only payment- with taxes and insurance $2,500.00. She told me all she can afford is $1,800.00/month. I told her that is the…
Read more…
