The information is right on the tax rolls that we get to view from Realist. Realist is a utility that is bundled in with the MLS for realtors. The Realist report is compiled from information that is basically the tax roll for a home. The realist report generally contains the past 4 recordings for a home regarding financing as well as title activity. It would be alot nicer if they went back more then 4 recordings because when people refinance multiple times, you quickly lose visibility of what happened in the past.
Additionally the flipper had received his 200k from a private party lender.
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As far as lending goes, someone like HLS can give you how his mortgages have gone with respect to downpayment amounts. Most people these days are indeed putting out higher dps. Recall a few months back I put out a post that looked at like all of the purchases in CV in the month of April and a substantial amount of them dps were in the 20% range. HOWEVER yes our uncle sam is still trolling out FHA loans at 3% down and such. So no, not all buyers are putting down 20%, more then what we used to see, but not all.
I am no more happy about our welfare state, socialized government approach to financing homes as well.
I do believe if anyone deserves that sort of special treatments it would be our veterans and active military service personnel. Other then that, nobody should.
