TsunARMI is coming !!! Adjustable Rate Mortgages begin resetting in April and the first wave of STICKER SHOCK will be felt by homeowners. Even here, on the WESTSIDE of LA. HELOCS (Home Equity Lines Of Credit) may do even more damage, as many Westsiders have used their homes as an ATM. And, now that home values are dropping, they are in for, a world of hurt. It’s hard to sustain a lifestyle when, the CREDIT SPIGOT is turned off.
Find out more about areas on the Westside, such as Brentwood, Santa Monica, Rancho Park, Malibu, Pacific Palisades and Mar Vista at the following link :