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re: 100K Net Worth
Posted on 7/29/15 at 6:03 pm to rocket31
Posted on 7/29/15 at 6:03 pm to rocket31
quote:The bank doesn't own the house until they foreclose on your loan. You own the house. They own the loan. The concept really isn't that hard to understand.
The bank owns the house if you still owe $180k on it.
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