The Bains

Folks will be looking for banks with quality. They will start putting their money in places
that are run THE OLD FASHIONED WAY. Some lenders have relatively clean balance sheets,
as opposed to those wrestling with hugh loan losses. Just look around!
Four Texas metros are least likely in the country to experience home-price depreciation
in the next 2 years (less than l%):
Fort Worth-Arlington - 0.89% volatility rate & 3.07 appreciation.
Dallas-Plano-Irving - 2nd with 0.93 volatility & 2.06 appreciation.
Houston-Sugar Land -Baytown - 1.74 volatility & 4.44 price appreciation.
San Antonio - 3.95 volatility & 4.02 price appreciation.
This was done by PMI Group, Inc. in Walnut Creek, California.
TEXAS IS THE PLACE TO BE, as opposed to late 80’s & early 90’s when the Southwest & TX
was hard hit with the oil drop in value.

We all misunderstand the financial situation because of inadequate information, but we see
our groceries & gas going sky high! E-mail us at realestate@thebains.com
Then we will e-mail you back a 1 page information sheet from Dr. Mark Dotzour, economist
with the TX A&M Real Estate Center to fill you in on the buy-out. We were all lead to
believe Fannie, Freddie and the big banks were adequately capitalized & many folks invested
in them. We are just not inclined right now to believe what the government says & looking
back, the govt. officials should have been more direct & told the publlic how serious the
problem really is.
Just in the past 2 days, we have received e-mails from local lenders that THEY HAVE MONEY
TO LEND & are ready to do it. One will do 100% loans, but of course GOOD CREDIT is
necessary. Again just let me know so we can direct you.