Then, some yahoo dreamed up some of these exotic loan repackaging instruments.

Hey, oil looks safe.To go back to Crystal's original question, I think the answer is very hard to predict.

I don't think anyone can accurately predict, at the moment.

My prediction - Lakers v.

I could spend $30 on a mobile home book, flip 4 trailers, and have over a grand a month of income for over 4 years.I have no problem with NR as an education instrument, I have a problem with its price and the MLM portion to it that turns newb investors in zealots.Sorry, this doesn't answer your question, but it is my strong opinion.

There is nothing wrong with assuming that higher risk, but it is silly to pretend that it doesn't exist or is an equivalent risk to more predictable strategies.Mike

The court can issue a 1099 (to the borrower) for the difference or they may send the borrower to a collections agency, or even garnish the borrower's wages.In regards to foreclosures, Trust Deeds are a written instrument legally conveying real property to a trustee (or a third party) used to secure a mortgage or promissory note.Trustee's SaleA sale conducted by a Trustee, in the case of foreclosures, this refers to the sale of the property in question.Notice of DefaultWritten notice sent by a lender notifying the borrower that he/she has not met his/her obligations under the loan contract, and the lender may take legal action to enforce said agreement.

The reason is that it is IMPOSSIBLE to predict exactly which expenses will occur for a given property in a given year.

However, right now they are not rising "eventually" as with his prediction for rents, expenses are rapidly rising right now and runaway inflation is a real possibility.

You're asking for predictions, and those are difficult.