RE:RE:Scruggs, per your request!!!Nonsense select1011.... First of all no one is refinancing their mortgage (debt) so if a house fell in value , as long as you can pay the existing mortgage there is no issue. Second, as long as your income ( revenue) is enough to cover the mortgage (interest payment) there can be no default ... And the revenue has not changed for CXR , and cash flow is growing. But nice try
select1011 wrote: The only difference is that it is unlikely that your house would ever fall in value by 75%, and if it did, try finding a bank that will refinance you.