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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Peter V who wrote (173253)12/24/2008 1:17:13 AM
From: tejekRead Replies (1) of 306849
 
It's not cheaper if over half are going to default again, and the default number continues to rise ...

The modification/workout has to be designed so that the owner can meet the terms. If not, they will most certainly default. Most of these people also need some budget counseling as well. Most cities have non profits that help in that arena.
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