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Strategies & Market Trends : SiliconInvestor All Stars Forum
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To: SouthFloridaGuy who wrote (1409)9/26/2007 11:44:43 PM
From: Dale BakerRead Replies (3) of 1718
 
Does the family plan to move soon? Can he make the current payments? Was the house bought as an investment? How long does he plan to live there? Does he need to take cash out to finance his lifestyle?

For folks who bought homes just to live in and they can make the payments, the reaction to the current dip in market values should be....

So what? He missed a chance to buy the house cheaper but even most market pros who try to make a living on market timing do it badly.
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