original housing price = $100,000, downpayment =$20,000, mortgage = 80,0006 N2 j% o( k8 Q# w. d4 I3 Y
one year later, the housing is only worth $60,000, tell you $1.00 but must with the mortgage. Do you want it? b3 }# U; J( P* G" O1 r
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No way !!!