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


To: John Vosilla who wrote (49702)3/7/2006 12:40:29 PM
From: Lizzie TudorRespond to of 306849
 
and now stretched themselves too far in excesses and could lose it all.

I think thats really common though. I don't know about "losing it all" but the amt of cash out refis for improvements to properties that were supposed to be worth 300K more than they are actually worth (or more) is going to hurt.