December 4th, 2007 by admin

There is no doubt that we have a mortgage of chaos and a large number of different ideas, as they clean, “admits Craig ROZEMA, Real Estate Investment specialist, key portfolio managers and author of new book” The Next Hot Real Estate Market. ”

Two of the men more openly about their ideas to the purification of sub-prime mortgage chaos are presidential candidates Barak Obama and John McCain. The Democratic nominee for President propose, with $ 10 billion in tax to help cities buy rights of exclusion characteristics. The Republican candidate for the commander and director proposes the designation of existing banks until the end of depreciation Subprime loans and losses.

“Everyone has his plans, as guarantor of this bubble burst. Each plan - every action - is better than no plan and not acts,” says ROZEMA. “We’re sorry, but the damage was done. Value is properly directed. Even the best ideas can cushion the landing.

Not all areas of the USA are facing foreclosures record. Parts of Utah, Arizona and Colorado have seen consistent rise in property sales. But even if parts of the territories such as Georgia may have already Hit Rock Bottom sections of California, Nevada and Florida seem always on a property value of the free-fall decline.

“Look, in certain regions of the country, speculators went crazy. Are you bought houses, tables, and some share. Other selling their homes for much more than it’s worth, and new homeowners blocked. banks in the form of credit they should be too risky to people and blocked the banks. To a certain extent, the market is only correct itself. It is sad that some people are always good on the injured track, but it is also a great opportunity for other good people zusammenraffen real price.

ROZEMA compare this mortgage on a time of chaos fellow. “We are a black Monday of real estate in the economy,” he says, “It’s only a rear of a durable good for more than a day.”

If the stocks are at their lowest, investors buy and experienced. If the property fails, the man experienced invest for the long journey.