With more than 1 in 7 mortgages over 700K seriously delinqunent why hasnt the high end come down much more

Asked by Steve, Great Neck, NY Wed Feb 11, 2009

This question is about this property: http://www.trulia.com/property/1074404657-Single-Family-Home…

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CamilleD, Agent, Wantagh, NY
Thu Feb 12, 2009
Hi, Joseph,

In my opinion as a realtor, the high end houses
haven't come down that much because most of those
home owners can afford to keep their homes.

The only bargains you are going to see are the ones
that are in trouble, like you said, seriously delinquent.
If I were you I would aggressively go after those homes.
You can save $200,000 or more.

Camille Dandola, Charles Rutenberg Realty
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