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Foreclosure Forum |
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Re: Is this proposed transaction legal?In Reply to: Is this proposed transaction legal? posted by haywood on September 18, 2003 at 7:40 PM haywood a few thoughts... 1) taking out the loan as he proposes will leave you responsible for the loan ... if the new owners default then this will affect your credit ... 2) was this your primary residence or a rental?? at least this loan guy is thinking outsided 'the box' - just do some homework and be sure you are getting what you are bargaining for good luck Follow Ups:
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