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To: DMaA who wrote (59297)8/30/1999 10:07:00 PM
From: Lizzie Tudor  Read Replies (2) | Respond to of 67261
 
Maybe... but I'm not sure. I know for example there are lenders who will loan any amount on a house if you put 33% down. You pay a point or so extra but in this low interest rate climate thats not too bad.... real estate lending has really eased again, theres all these deals. If they have 200K in cash to put down they can get what they want without using their "defense fund" (I think)... I've never been in the mkt for an expensive house like that, however.