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Home / Columnists / Kass / KASS: Sell short or rent, but don’t walk away (access required)

KASS: Sell short or rent, but don’t walk away (access required)

DEAR BENNY: I have a mortgage balance of approximately $170,000, but the estimated market value of my home is between $67,000 and $75,000. The mortgage was modified back in 2008, with a balloon payment of approximately $108,000 due in 2037. So the property is totally upside down, and this modification shows as an adverse account ...

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