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'Under Water' Mortgages on the Rise
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10-22-2008, 05:52 PM
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DanaC
We have to go back, Kate!
Join Date: Apr 2004
Location: Yorkshire
Posts: 25,964
Quote:
If a person has to move because of job or family and their house value has dropped 25% or more, what choice do they have but to let it go?
My bro lost his house in the early 90s in pretty much those circumstances.
DanaC
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