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


To: GraceZ who wrote (30692)5/4/2005 5:51:13 PM
From: The WharfRead Replies (1) | Respond to of 306849
 
That is one of the problems credit creates more credit and loans are based on credit. So those who are shrewd can easily extend debt.

If you do not need the cash and the fellow is a good risk you might think about carrying the mortgage yourself. You could if you choose to resell it later.