Some people might lose a job and cannot pay or maybe a divorce and it took both incomes to pay the monthly payment. Those are just a few of the many reasons why they lose them.
@@robreinmuth That does make sense. But I feel like for closures wouldn't be a problem if people night homes based off of one income, or a median of the 2 incomes combined. Rather than the 2 incomes added together. But if a job is lost, I guess there's not much people can do, besides try to sell quickly as possible, even if that means ditching the equity... Just my two cents.
Yes, you are right but we are spoiled Americans and feel entitled to have what we want. So they stretch themselves to the max and when there is a glitch, their economic lives collapse.
The first house
need a back splash
How/Why do people buy these homes and lose them like a few months later?t
Some people might lose a job and cannot pay or maybe a divorce and it took both incomes to pay the monthly payment. Those are just a few of the many reasons why they lose them.
@@robreinmuth That does make sense. But I feel like for closures wouldn't be a problem if people night homes based off of one income, or a median of the 2 incomes combined. Rather than the 2 incomes added together. But if a job is lost, I guess there's not much people can do, besides try to sell quickly as possible, even if that means ditching the equity... Just my two cents.
Yes, you are right but we are spoiled Americans and feel entitled to have what we want. So they stretch themselves to the max and when there is a glitch, their economic lives collapse.