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


To: bentway who wrote (40802)9/6/2005 5:07:15 PM
From: John VosillaRespond to of 306849
 
No doubt there are a lot of older folks whose family has owned the home for generations that got caught up in the ownership society and 1% cash out refi craze of much of America these days. It is sad that being fiscally prudent and owning a home free and clear with no insurance required backfired on many who don't know better.