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Foreclosure Forum |
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Ben FranklinIn Reply to: You got me, Tom posted by Robin Abbott on April 17, 2008 at 6:36 PM
Hopefully you will be, but don't bet your first born on it. Paper on motorcycles, boats, campers, motorhomes, as well as MH & SFR if you have to repossess and sell them during a recession you're selling in buyer's market. Just ask the holders of Harley Davidison paper, if you don't believe me. Same way with heavy machinery paper in the construction industry. Three years ago if you told anybody that the RE market had peaked they would have laughed at you. The downside has exceeded most people's worse nightmare. Ben Franklin said he was concerned about the return of his money and not the return on his money. Follow Ups: Post a Followup:
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