Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: Hawkmoon who wrote (35931)	1/2/1999 1:09:00 AM
From: Bonnie Bear	Read Replies (1) of 94695

Depends on the area...if there's a sharp number of foreclosures then the feds may drop interest rates a lot lower too (as in 93) figure out an average house rent for the last ten years in your area...if the house can be financed such that its equivalent monthly rent comfortably pays for mortgage and taxes, and there's stable employers in the area, then it's time to buy.

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