The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: geode00 who wrote (189873)	3/10/2009 3:21:10 PM
From: Lazarus	Read Replies (1) of 306849

New Red Flag for Markets: Credit Is Tightening Again finance.yahoo.com Houses may be selling for a lot less these days but has anyone tried to buy one with a loan? MONEY IS VERY DIFFICULT TO BORROW. Before -- if you had a shit job or no job and no assets you could get money. Today, not matter how good you are it seems like they are trying to figure out how NOT to lend you the money. A friend of mine recently did a refi on his house and getting the loan was like pulling teeth! This is a guy with 35 years on the job (federal employee) and excellent credit and very stable income stream.

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