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Foreclosure Forum |
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Jr Bene buy-out
Read Coat's book and all available postings on subject. Would invest in high amount TDs, but I am concerned about being caught in a chapter 13 BK situation that can take up to 5 years to discharge. Even with a current adequate equity cushion, one could easily be faced with a loss given residential real estate cycles where retracement from peak to through value sometimes reach 30 to 40% (80-82 and 92-96). Comments?
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