It will take a much larger volume of deals to move to closing but pay off long term WHEN a market depresses and you have lots of wiggle room before any losses are incurred.

You're going to see claims get paid out with IOU's like in the Depression again while insurance companies start petitioning the Federal government for bailouts the same way that banks did after they felt the ill effect of being legislated into giving loans to people with pre-existing credit conditions."

http://www.thedailyshow.com/watch/tue-june-8-2010/***-quest-2010This 9 minute clip was funny and depressing at the same time.

I really want to end the sleepless nights thinking about my looses on the home, the phone calls from my lender, the sending paper work, bank statements and financials, the depression.

I spent my high school getting drunk, partying, "experimenting", and skipping school with little regard for reprecussion as my school was overwhelmed with children with true behavioral disorders.

My father grew up in the depression era and so had the philosophy that you did not deserve to have something unless you could pay cash for it.

I am also interested in getting into residental/vacation home properties, as they are very depressed right now, and feel there is some very big upside in the next few years.Steve

May sound depressing, but at this point, we're just happy for it to be over.

Rent is very depressed (roommates) at $435 (all inclusive).

They need to make an argument to the landlords that values are being depressed by the action/nonaction of the current president.