Quote:
Originally Posted by SCORE-Cash
This is the worst time, to invest. Wait a bit more. You still have the president of BOFA, mentioning, that it will take another year, before we see a bottom on home prices.
and on a personal note, I just got a letter from CountryWide closeing down one of my lines of credit, the reason.... You home has depreciated in value. I have to do an appraisal if I want my line of credit back.
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I know what the big guys are saying, and I tend to disagree on some areas, There are some great investments to be made if you look around. Some people are desperate to get out of deals they can not afford. If you, or anyone that works in this industry has saved a dime, this can be the deal of a life time. You just need to watch for them.