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

To: Jim McMannis who wrote (188914)	3/6/2009 12:17:43 PM
From: Poet	Respond to of 306849

Infuriating.

To: Jim McMannis who wrote (188914)	3/6/2009 1:25:15 PM
From: James Hutton	Respond to of 306849

Most of my neighbors have seconds, and most of those were for 20% of the purchase price; i.e., 0 down and use the second to get around PMI. Then use the second for furniture, cars, etc. and refinance the second when someone reappraises the house at a higher price. And now they forgive those? Fkuc'em all.