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House prices falling  "They [borrowers] need to ask themselves 'can I repay this?' and lenders need to ask themselves, 'If it goes wrong can I get it back?'" High interest rates biting,


Barclays executive denies speculation bank faces massive account deficits  "The fears over the SIV-lites, Edward (Cahill's) decision to resign and the borrowing from the Bank of England were taken . . . far out of context" The head


Parade of Homes Entry Shows How Family Remodeled Small Home  LAKELAND | As they outgrew their three-bedroom home Mike and Mary Plunkett faced the unwelcome prospect of uprooting their three kids and leaving behind a quiet, established North Lakeland neighborhood.


N.H. announces new mortgage fraud task force (Boston Globe)  Several state agencies are working with federal authorities to investigate mortgage fraud in New Hampshire.read more...


Gaston Museum Building Dedication Friday  A ceremony is set for 5 p.m. Friday to dedicate a new building housing the Gaston Museum.via


Pirated films sold, cops say  Chicago police charged nearly a dozen people at a West Side flea market Saturday with selling pirated movies, some of the films yet to be released on DVD, and at

October 18th, 2006

Couple Sells Ski Home to Profit From Escalating Home Prices

A husband and wife from Britain uses proceeds from a family business to buy a brand-new house in Big Sky, Mont., for nearly $2 million, and accept an offer about a year later for more than 40% above their purchase price.

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