While this is true for a lot of them, it's not true for all of them.

The same is also true if there is being remodeling done to an existing property that amounts to over $10,000.

I put these gifts into Christmas cards and go door knocking.

I have a credit card w/ $10K on it.

A real estate crash typically takes months or years giving you time to think, strategize and react.It's true that the stock market historically has more volatility but as many have learned when the real estate market crashes some times you can't get out in time.What is fundamentally true with any asset market is those who try to time them get burned.

Unfortunately, this man has a huge ego (since he was going to get profits and not a specific amount for his work, he insisted he be added to the deed), and in exchange for setting specific "rules" (ie true budget, time line...) my friend made a more lax contract in exchange for a signed quit claim deed.

The only thing here in Salt Lake City for 65k is a card board box under the freeway.

Is the rumor true?

This may not be true in other areas with different types of inventory.

That term has even become clouded as the true term is Assignemnt.I appoligize for changing the direction of this string.