One time subordination on the note for a construction loan that converts upon completion to a 30 year fixed rate.
One time subordination on the note for a construction loan that converts upon completion to a 30 year fixed rate. Please fill out the form below to submit a comment. For any referrals, please tell them to mention your name so I will know it was from you. From 1985-1990 inflation and house price appreciation ran neck-in-neck. As a follow up, my vote for what I desire to hold the LEAST, I would pick financial sector stocks. Guess in that case, I'd own consumer stocks because they can survive either inflation, stagflation or recession. The original definition of acceleration clause has been skewed over the last 30 years. With Peak Oil approaching, I have to believe that Energy Oil, Nat Gas, Coal, and Nuclear will be a safe bet. Flip from everyone else that has posted on the board.
Why? Well, I am either under the influence of Elliott Wave, or I just think the herd gets it wrong in the long run. If I was limited to only one investment, it would be cash in short term instruments. Either way it is pretty frightening for the homeowner involved.