5957 warpath road sold to lender for 126,000 12/12/2008. Trulia average selling price for com. home 89,000.
GA law says I owe balance on loan: 114,000. What do I really owe based on fair market value?
Answers (1)
FIRST ANSWER
If you own a home and it goes into foreclosure, you owe the amount on the loan regardless of the surrounding home values.
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Answered Thu Jan 1 2009, 06:40 by Hank Miller - Brok… in 30542
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