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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Pogeu Mahone who wrote (4129)4/12/2004 10:58:03 AM
From: Tommaso  Read Replies (2) of 116555
 
>>>the buyer does not own the house ,the bank does,the buyer owns the mortage <<<

Something like 40% of American home owners own their houses free and clear.
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