It was simple to get a mortgage loan when the Fairfax VA real estate marketplace was hot. There are quite a few ideas for why that happened. Here is a fact most individuals don’t realize. All the regular rules for risk had gone out the window. Your loan company could give you a risky mortgage loan, but have […]
Archives: December 2010
Northern VA Real Estate Market Update October 2010
Fairfax Virginia Real Estate Experts: "30 Percent of All Mortgages are Upside Down"
Are Upside Down Mortgages a Contemporary Debtor’s Prison? We all know Debtor’s Prison didn’t work. In fact, Debtor’s Prison was a solid drag on the economy. Here is the cause. An individual would go into debt. If he could not repay the debt, his lender could have him sent to jail. Here is the problem with that […]