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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (29031)3/21/2005 10:17:53 AM
From: ild  Respond to of 110194
 
Yes, I believe. With RE appreciating and ease of taking money out of your home one can pay mortgage by drawing from HELOC.



To: orkrious who wrote (29031)3/21/2005 11:00:23 AM
From: John Vosilla  Respond to of 110194
 
The number of people chasing distressed real estate deals in the bubble markets has skyrocketed. Few properties make it to the courthouse steps and lots of folks are now attempting to buy the properties before. This just adds to the number of options for an owner in financial duress that in prior cycles would have no choice but let the bank take the property back.


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