Aug 21, 2017
5:47:29pm
Negative Equity All-American
I think you are correct. They won't re-amortize it. But it won't matter
Valleus will only pay interest on the balance of the principal. He will pay the most interest between the day he signs and the day he makes his first payment. The rest of the term he will paying very little interest.
Negative Equity
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Negative Equity
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