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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: MulhollandDrive who wrote (150198)9/25/2008 12:13:28 PM
From: Johnny_Blaze_420Read Replies (1) of 306849
 
there is definately fear, but there is also plenty of money available. just depends what you want. If you are still looking for a 90% or 100% LTC loan and have bad credit, yes, that type of loan is gone and will be for a while.

If you are 70% LTC, 65% LTV, strong borrower, the dollars are there all day long, even on non recourse loans.

the pool has shrunk, and the little guy is definately getting hurt because there are so many deals that do not have a home and have very strong credit behind them.
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