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To: DesScorp

Most people from Mexico likely own homes in Mexicoto go back to. Not real nice ones it is sure, but they own. It is only recently that Mexico started mortgages so no one would really own, but not many Mexicans are in that trap yet.


10 posted on 09/28/2007 8:33:54 AM PDT by amihow
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To: amihow

“Most people from Mexico likely own homes in Mexicoto go back to. Not real nice ones it is sure, but they own. It is only recently that Mexico started mortgages so no one would really own, but not many Mexicans are in that trap yet.”

You bring up an interesting point. Are Mexicans content to go back to Mexico now because, when they sell their American houses, they essentially become rich in Mexico? Take an average $125,000 American home. That’s a LOT of money in Mexico.


15 posted on 09/28/2007 8:40:46 AM PDT by DesScorp
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