'We just have to watch capital hill for that change in the economy JM...

What do you other ladies out there think about this?

I would sit back and watch what happens to the sales in the development before I would pour any money into it.

i reviewed an entire package from cover to cover, watched every CD and i did learn quite a bit.

I'm "watching" it on upcoming.

This video explains exactly what happened with those two properties: http://www.youtube.com/watch?

Well.........I handle foreclosures for banks as a listing agent, I had a lady call me the other day about a listing.The bank gave me the loan information so i could use it to determine the worth of the property.Property was initially bought in 2001 @ $120,000 95% LTV.

Although urban legend has it that has been a rash of these I think a search will find that there has only been ONE, and when political heat got turned up the HOA reversed themselves and deeded it back to the elderly lady in exchange for the overdue dues and some nominal late charges.I got into a discussion on this or another board a few months ago with some folks who told me about all of them because they had "heard all about it on a radio program", that was when I did the search.

It has been very amazing to watch the market along the coast appreciate so much.

Hi guys and ladies.