You find the dents my shining a spot light down the side and looking for the shadows and circling them with a red piece of chalk for you adjuster when they come out.

Even though the market has dropped precipitously, many still have not adjusted to the reality of true value (and many probably never will).

There are much better ways today to use leverage than an LOC.Does it have an adjustable rate?

The way I look at it, real estate is the best curb of inflation as you can adjust/peg the rent you charge to inflation, and for those other reasons that Jon mentioned earlier (values keep pace and debt is paid back with less valuable dollars)

It is $100K because the $50K in deferred capital gain is an adjustment to basis.

- Star Wars- Top Gun- Fletch- Grease- Enter the Dragon- James Bond: Live & Let Die- Star Trek: The Wrath of Kahn- When Harry Met Sally- Monty Pythons Holy Grail - The Princess Bride- Tron- Blade Runner- Zapped!

Adjusted for inflation, the index for Vegas is just about where it was on Jan 1 2000.

Came across this story about a Simpsons episode where Homer loses his home to foreclosure after his ARM adjusts and him taking out a HELOC loan for I believe a huge Mari Gras party.

"RUBBS" is an alternative system to implement but in doing so, you may have to consider a rental rate adjustment so keep that in mind.I just prefer to buy apartments with individual meters and HVACS to avoid this problem all together.

I am currently 75000 upside down and the best the bank is willing to do is give me a 6 month 5.25 intrest rate after that it adjustes back to 14.9%.