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Old 03-10-2010, 02:14 PM
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Default I'm underwater by about 70K on my house and am thinking
of a strategic foreclosure on my 2nd mortgage only? My house is worth 210K. I owe 230K on a 1st mortgage and 50K on a 2nd. I plan to retire and sell the home in 7-10 years but it looks like I have little chance of breaking even. What is my best option?
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Old 03-11-2010, 10:20 AM
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Default Short Sale in Avalon Park
You can always liquidate now because it is going to take time for the housing market to change. Looks like you may be throwing good money after bad and you can use a smaller house. Contact us for foreclosure assistance
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