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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Jim McMannis who wrote (12197)8/13/2003 12:31:43 PM
From: Les HRead Replies (1) of 306849
 
found on another board re: Countrywide

You know...
its almost easier to buy a home then rent one..With first, last and damage deposit, plus credit scoring.

I recently did a REO where the former owner was approved by Countrywide with unemployment payments as income(I dont know the correct term for unemployment compensation) and some roomate rental agreements. All costs rolled in. ZERO to negative equity. She made like 3 payments before the roomate thing didnt work...
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