they are finally puking them up!!
I have 2800 right now with a FMV of 487,000,000
They can be purchased for 52 cents on the dollar
probably explains bank of americas report yesterday
I wholesale residential properties..
Started by
atlasshrugged
, Sep 18 2007 12:32 PM
1 reply to this topic
#2
ed rader
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- Traders-Talk User
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Posted 18 September 2007 - 12:46 PM
they are finally puking them up!!
I have 2800 right now with a FMV of 487,000,000
They can be purchased for 52 cents on the dollar
probably explains bank of americas report yesterday
they'll have to go lower in this area too. i can't see a speculator buying a house with a $4k mortgage when it can only be rented for $2k. good luck
.ed rader
