Quote:
Originally Posted by Goldberg Global
Are you in America?
Surely there are alot of foreclosures, go and buy one of these, sort out the mortgage you are allowed.
Even go to auctions in the US they are sure to be some deals. And perhaps your parents, partner or other family and friends may assist or go in with you.
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Patience, why rush out and buy on a downward trend. sure you can buy maybe 20% cheaper than they were. what if they drop anther 20% as is likely as we still do not have clarity on the sub prime effect. My advice, sit tight until you can make an informed decision, furthermore the market has not matured enough in terms of distressed sellers. People still have available mney on credit cards etc, wait til these are exhausted more.