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


To: JBTFD who wrote (7283)12/12/2002 10:58:40 AM
From: patron_anejo_por_favorRespond to of 306849
 
<<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.>>

I agree basically. Since she's a federal employee, the odds of her getting laid off are minimal. I hope someone gives her credit counseling as part of her "gift"....getting overextended on consumer debt could queer the deal, too...