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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: patron_anejo_por_favor who wrote (7281)	12/12/2002 2:19:57 AM
From: JBTFD	Read Replies (1) \| Respond to of 306849

"Actually, her front end is 36%. " Yes, you're right. I'm sorry I got distracted posting that post. The 30% is on the original payment. To me what makes or breaks the deal as to whether it will be profitable for her is what the market in her area does. If it doesn't appreciate or depreciates her profit will be negligible. I would say if her time frame is 10 years or more the chances of appreciation are more. It sounds like a long time, but I've been in my home for 13 years and 10 years can go by pretty fast. I also think that the chance of a big decline is relative to where you are. I'm not familiar with the Denver market.