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LA Home Prices go off the roof (la times)

The good news for those that can't buy now is when the value of these homes crash and the market value of the house is less than the current mortgage we can buy them for a good price when they go to foreclosure.
 
velvett said:
The good news for those that can't buy now is when the value of these homes crash and the market value of the house is less than the current mortgage we can buy them for a good price when they go to foreclosure.

EXCATLY!
 
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