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

To: Les H who wrote (15281)	11/29/2003 7:02:58 PM
From: Les H	Read Replies (1) \| Respond to of 306849

Hot home sales bail out foreclosures fresnobee.com Robin Kane, a real estate analyst in Fresno, said the Valley's strong housing market can bail out homeowners. They can either sell the properties and repay the debt or get a home-equity loan. "They can visit their local convenience equity loan store," he said. "In the past, when you needed to get a loan to tide you over, there were very few sources. Now, they are everywhere. There are a lot of places to get you over the hump." Local convenience equity loan stores are to 2003 what 7-11s were in the 70s.