Alex_angel– Not everyone has an ARM or shotty loan.
You are absolutely correct (well, at least if you meant shoddy). However, I can almost promise you that not everybody in justbought’s neighborhood doesn’t.
If the double negative trips anyone up, what I’m saying is that right now you can look at any newer development pretty much anywhere in the county and there will be home “owners” who have overextended themselves and/or signed up for a toxic mortgage.
If you don’t believe me, you can just trek over to foreclosure.com and check street names for any ZIP you’d care to.
