Quote:
Originally Posted by Sliver
It is nucking futs people would want to overstate their annual income in order to buy a house they can't afford. Stupid.
|
People need better things to keep up with friends and family. Common sense goes right out the window.
If someone gets qualified for a $400,000 mortgage, when they go looking they will end up with a mortgage around $400,000. Sure they would be happy in a place that would leave them with $50,000 less debt, but I would suggest that rarely happens based off of what we see with people and what they are qualified for and their final purchase.