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Reply #7: That will eventually enter the negotiation, I'm sure [View All]

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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Feb-28-08 04:30 PM
Response to Reply #6
7. That will eventually enter the negotiation, I'm sure
because with the mortgage resetting to 30 years after 3 years' worth of payments have been made, the lender will be capable of taking a small hit.

The only alternative is foreclosure and having another empty property to become attractive to vandals, vagrants and vermin.
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