This doesn't mean we've hit bottom - the credit crunch wasn't in effect in July.On the other hand (and yes, I'm a positive thinker to a fault - I drive some of my colleagues crazy), I look at it this way: If foreclosures and home prices continue to get worse (and that may well happen), people are still going to need a place to live.

Now is a great time to "Find and Assign" some deals.Forget about the trying to be a real estate investor, stop crunching numbers, forget about theory, forget about learning about short sales, equity purchases and all of that stuff and just start asking my favorite question."

I will say that because of all the "credit crunch" talk the regulators are wanting my bankers to reduce from 80% to 75% LTV.

While the nation struggles through a housing crunch, there are many markets that continue to do well, despite the rest of the country.

Otherwise, get out and start looking at properties, then crunch the numbers.

Usually all you have to do is make sure all you numbers add up before you start a deal and if they do then it's crunch time.

For the full service it performed OFAC, Criminal, and Previous Address Search.For someone in a time crunch it was ok.

Food for thought: The credit crunch means that fewer people now qualify for mortgages.

Inflation would cause the Fed to want to raise rates and the deflationary pressure of the housing bubble and associated credit crunch would make the Fed want to lower them.

To be quite honest, with all the doom and gloom on CNBC about the subprime mess and the credit crunch, I was somewhat concerned about the availability of a loan for this deal.