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To: byhiselo who wrote (32122)2/25/2002 11:15:22 AM
From: AllansAlias  Read Replies (1) | Respond to of 209892
 
Here's how you can exclude it. Refi the home, only to get enough capital, not a large amount, to buy LEAP puts against real-estate. If you're wrong, your home increases in value. If you're right and real-estate dies, you effectively maintain the value.