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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Smiling Bob who wrote (108473)3/8/2008 12:05:16 PM
From: Pogeu MahoneRead Replies (1) of 306849
 
What is a good account?
To a current lender a good account is someone who falls behind so they up the fees to 36%.
Nobody wants you;0)-vbg-
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I was wondering if you or anyone on this thread has had any experience just calling current lender in trying to renegotiate a lower rate, a la credit card? Argue you have a better rate with a lender waiting in the wings.
I'd think they'd be overjoyed at the opportunity to keep a good account.
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