This summer a million-dollar Hamptons mansion was caught in the foreclosure net. This mansion is an 18,000 square foot property in Bridgehampton. Foreclosure has reduced its value from $27 million to a mere $19.5 million!
Renewable energy and energy saving technology are very attractive to home owners right now, particularly with all the environmental threats the public has recently become aware of.
Things are, shall we say, less than easy these days. It’s a whole lot harder to make ends meet even on a good month. People are living paycheck to paycheck and a savings account is something no one has.
These days there seems to be a lot of speculation as to what to invest, whether to invest in real estate or some other form of tangible, stocks bonds, mutual funds or what ever. In fact a lot of people don’t even know if it is worth investing in things at all.
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