I know Mr. Spicer and he has a keen apt for numbers and also has common sense that so many lack these days. There is no way he would have moved forward with this project without what he knew was needed to complete it without some sort of assurance that he would get the balance needed. The banks claim they want to help people but it never quite works the way they portray it.

I've seen banks take peoples' houses from them when they were trying to make payments. Due to difficult times the payments were not the full amount they should have been but in any event they were trying. The way I see it the bank would have been better off to re-negioiate and lower the payment amount to something more reasonable at the time rather than re-posses the house which they then tried for years to sell with no success, to cover the amount owed. All the while getting no payments on it at all because they re-possesed it.