>> besides a bank perhaps not making a profit off a home that is under $75,000 or at least market value, what are some of the other reasons as to why a bank will say, no, we're not going to go for this? >> three things. owner occupants who are attracted to these inexpensive bargain homes tend to also have credit problems and they don't tend to have much in the way of savings. that makes it difficult for them to get approved, even for a very small loan because we have stricter underwriting guidelines as a result of the housing meltdown. in addition, a lot of these homes need repairs. it's not unusual that these are bank-owned homes. the people that left them may have left them in poor condition or they may have been vandalized. >> so a bank doesn't want to say, i don't want to help you -- finance for you a fixer-upper. >> exactly. the house has to be in almost perfect condition. then you run into an appraisal problem. appraisers see, this kitchen's been damaged, that's going to