Well said Ed. Sorry you got caught short in that economic nightmare. But kudos to you for fighting your way through it. You have a great sense of street smarts regarding these situations, sadly learned in person. I think any and all financial bumps during the 07/08 recession should be looked at differently. It wasn’t until my client personally felt the recession in their own people experiencing crashed home values that they lightened up and had a bit more empathy regarding lost equity. Homes costing 700K to 800K were suddenly selling under 400K in the northern Va. If you had to PCS you had to move…and not many can carry a northern Va mortgage and any other kind of rent or mortgage. I’m glad you share your experiences here first hand.
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