Volatility isn't necessarily a Bad thing..you can make alot of money in various ways real fast.On the flip side, you can Lose it too.I love volatility with day&swing trading.

I can just go buy another one with 100% financing and I don't need any refi to do that.I do have excellent credit; a history of success over the years; and a good long-term business relationship with the decision makers at my local banks (president and vice president).

In markets like Manhattan and Brooklyn for example, this does not work nor does it work in any of the (non-declining) major cities I canvas.Thanks for your reply…as I am getting more firm in my decision to walk away.

Dubai’s relative autonomy will come to an abrupt end.†The emirate’s push into luxury property developments and tourist attractions was diversification on “paper sand,†said Davidson, a professor of Middle Eastern affairs at Durham University in the U.K. ‘Nasty Downturn’ Real-estate prices may drop 20 percent or more, analysts at EFG-Hermes Holding SAE, the biggest publicly traded investment bank in Egypt, said in a report this week.

Shorts (especially occupied ones) can be locked up under the contract until the bank decides, where REOs can have offers submitted until the decision is made (up to 2 weeks).

People make very bad decisions based on emotion.Get educated about the local laws and your recourse and make a logical decision.Good luck!

The idea is that we each put in $50-100k (we haven't reached an exact decision as to what the buy-in will be) and split profits evenly.Here's where it gets fuzzy for me.

I would prefer to give everything back to the lenders, ruin my credit, live in a tent and ride a bike, rather than cause my dad to loose his business over a poor financial decision I made.

Can you be given a set of data, figure out what is relevant and make a decision you CAN live with?

The person answering your call has no authority to make any decision other than forwarding your file or not.