original housing price = $100,000, downpayment =$20,000, mortgage = 80,000( O* j, z7 Q N% i* ^* n& ]
one year later, the housing is only worth $60,000, tell you $1.00 but must with the mortgage. Do you want it?1 I, c$ @& l3 y: T6 q
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No way !!!