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'Five Reasons To Avoid Subprime Bargains'

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Five Reasons To Avoid Subprime Bargains

By Art C Ryter at 03/28/07 21:22

Helpfully suggests that it may not be time yet to start picking up investment properties in the foreclosure market. The five reasons to avoid subprime bargain foreclosures are: excess subprime lending capacity must be destroyed; housing market must stabilize; subprime paper must be repriced; the regulators must respond, and the greater impact on the economy must be considered. Basically, now is a time to avoid foreclosed property, that is unless you have a strong stomach (or big wallet) to assume risk.

Original source: Forbes. Five Reasons To Avoid Subprime Bargains

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