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Post# of 704041
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Newly2b

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Re: Sherlock356 post# 163896

Wednesday, 10/22/2003 9:10:05 PM

Wednesday, October 22, 2003 9:10:05 PM

Post# of 704041
And the homeowner is still left with the huge mortgage created by that real estate boom! Or does that just go poof! as well?!

Actually it's, like with stocks, the LAST buyer that gets the big mortgage -- real estate's version of the bagholder.

Newly

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