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Now is the very worst time to buy: top of the market and falling. 2
years from now may be a good time to consider re-entering the market.
Put your money in bonds until then.
John
Bo1953 wrote:
> Actually, it is becoming a buyers market from where I sit, which is
> fine. As a mortgage banker/broker I've clients who are now more
> selective in what they are purchasing. They haven't stopped, yet more
> selelctive. The 'inexperienced' investor is running scared I noticed
> and that is great as they will possibly be the ones burned. If you are
> not experineced and don't have a good team in place to help, then stay
> out until it is a sellers market once again. Yet, now is the best time
> to be an investor, great deals out there. I do many 90% and some 100%
> N/O/O loans these days, so for some the market is going great.
>
> Thanks
>
> Samuel S - Princeton, NJ
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Re: Why no posts about the "elephant" in the room?
