What options does the Government gives a homeowner after foreclosurer do you still have equity in it?
November 16th, 2009
A home is appraised at $66,500.00 dollars, and the homeowner took out an equity loan for $30,100.00 dollars, and at an interest rate of 8.30 %, and if the home was foreclosed, what equity would be left in the home to help the homeowner. Does the homeowner still have some kind of compensation coming from the home, or will the homeowner still owe an amount?
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