Put in simpler terms, unlike an interest only where you are paying for your use as you go along, with a neg amort loan you keep borrowing more and more and NOT paying what you are incurring.ReplyDeleteLanceJanuary 12, 2007 6:20 PManon said:NVAR June2005 median was $500k, Dec2006 was $450, Start making low-ball offers when the median hits 400.Yep, that is what will happen ... and is why prices wi