The main goal of the bailout was to loosen up credit.

Now, I am raising private money so I can hold the properties that do not sell within 6 months and just do owner financing with them until the credit crunch loosens and buyers can cash me out.

It should be easier for our buyers to get loans.That said, I suspect many banks and other lenders will still hold the purse strings tightly for RE, even if they loosen up other lending.

But, like someone else posted earlier, there was a very concious effort on the part of our elected (congress) and unelected officials (Greenspan and the heads of FM & FM) to loosen lending guidelines.

I messed with the faucet some, it loosened up, and then bam -- the water is a-flowing.

Something else I do if I'm not in a talkative mood but need to return calls, I'll call a friend and chat with them for a few minutes to loosen up.

It doesn't affect longer term owners who have built up equity as much as they just loose some value when caps loosen up but for a new buyer at that high threshold it can sink you quick.

The heating system was turned off during construction and over a couple of weeks the system cooled down, the fittings loosened in the slab and the water drained out and pressurized the slab.

At least a few banks are starting to loosen up in their lending.

The slip nut areas are what tenants bang into, loosen and leak.