99% percent people that bought house in ca. with in a year, they going to lose their house. 95% people that bought house in ca. went with adjustable rate. this is study that done by couple bankers.

anna,

wow, that is why I suggest to others to get familiar first with the right timing in th market cycle. You know, when it comes to things like timing the real estate market and when is the best time to invest, everyone has an opinion about real state investing . The problem is, is just someones 2 cents based on who knows what. The key to not getting creamed when you venture into a real estate investment is to have good information that is based on facts ... that is, analysis coming from hard data.