I know someone who lives in this community, and we’ve looked at the sample homes. The people I know bought with 100% no-doc financing, and are currenty paying option 1 every month. A couple of times a week I check to see if their house is listed.
There was every bit as much Kool-Aide in this neighborhood as anywhere else, maybe more, as people with real money probably wouldn’t be interested in living in this area.
