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: Elroy Jetson who wrote (213352)	8/3/2009 6:55:02 PM
From: rich evans	Read Replies (1) of 306849

He has to live somewhere. He should think of it as rental payments with an option to buy. Compare his payments with what he could rent a place for of similar nature. After the 5 years, he can decide what to do depending on the housing market. He could leave, do another loan modification, or if house has gone up, keep it or sell it. Wait and see and rent is the attitude. richard

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