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To: carolinalivin

>>However a good time for buyers and investors.<<

But not as good as it's gonna be! There is virtually no risk in waiting this out, but LOTS to gain. There is LOTS of risk jumping in now.

After all, a home that was worth $500k and is now at $450k looks like a good deal, until it's worth $350K a year later.

I used to sell CD players for $1,299. They looked like a steal when they went down to $799. They weren't.


127 posted on 12/11/2006 11:53:48 AM PST by RobRoy (Islam is a greater threat to the world today than Naziism was in 1937.)
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To: RobRoy
I agree there's almost no risk to wait, unless you're paying $20,000 in taxes this year.

The market may continue down. As I said, pay attention every month and go for.

Another variable, where do you want to buy and what's happening in that particular local market?

Earlier I said Fallbrook is up 4%. However, nice resort area Cabnyon Lake, if you wait you may get another 5% drop. So it's your particular interest.

If you're flipping in Bullhead City, Utah or Fla and they're at the end of the 1st of ten phases, write the check this week.

131 posted on 12/11/2006 12:00:28 PM PST by carolinalivin
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