That's great Oscar Macal good way to rebound!

That means, even if your score takes a hit for one or two months, if you have, say a DTI that is at a high 85% because of the properties you've gotten, and the debt you've secured, but over the course of two to three months you significantly reduce that debt, and get to under 30%, your credit scores will rebound and go back up.

Welcome to the site @Marcos Moura glad to see you are on the rebound.

Hey Freddy, Hopefully you live in a part of NC where home prices have been rebounding.  

Unfortunately this area doesn't rebound like other areas of the US.  

Property values in Las Vegas has significantly rebounded since the crash and I doubt you're going to continue to see 30%+ appreciation in the coming years - I'm expecting a more modest 5%.

I ended up servicing the loan out of my own pocket for a couple of years--another $400K down the drain but ultimately the rebounding prices will allow me to recover that when I sell someday.Moving on to your questions, which are two distinct questions with different answers. 

This was during the downswing of the market and many people felt that these condos would be worth a lot more when the market rebounded.

.* Houses prices: I agree, prices have rebound, even surpassed 2007 in Seattle directly.

Prices started rebounding in 2010, though they haven't reached the 2007 levels yet.