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I understand how you feel. You see the potential and want that house.
The problem is the current market and state of real estate lending industry. The lender sees a h ... more
that is set to adjust next year - If we could refinance into something fixed at decent terms - all will be well - we'll have replaced a crappy lil house with new permi ... more
I think we will need some more context to answer your question. Where did you read this and how was it used?