“…into a snowball effect.”
Karen Mann, a San Francisco Bay area appraiser, said this, and she is talking about home valuation for the purpose of refinancing. A whole article on BusinessWeek today talks about the glum and gloomy outlook for overleveraged home owners.
After all, why would anyone want to refinance, if it wasn’t for the purpose of [...]
“The abundance of foreclosures has turned…
March 12th, 2008 · 2 Comments
Tags: foreclosure · investing · lending
