Read The Article too
BEST QUOTE IN ARTICLE ____
"…We have a lot of people, even prime borrowers, who are at the edge because they either bought with no equity, they have an ARM that’s seen a rate spike, or they used their house like an ATM and turned their equity into cash,‘’ Roubini said. ``Many of those people are under water today, and if they have to sell, it’s going to drag down values in their neighborhood…‘’
even if it seems to be a good deal it may not be,lot of these house prices are mega inflated…unless u have a QUICK GREAT EXIT STRATEGY to unload ethically then be careful…your buyers are important…
my 2 cents
Robert A. Doncaster, Jr.
Import/Export Entrepreneur & Investor
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