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marayatano

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marayatano

Re: jackson227 post# 690

Tuesday, 11/25/2008 1:29:26 AM

Tuesday, November 25, 2008 1:29:26 AM

Post# of 4849
Face value being equal, $1,000, how secure your $1,000 woudl determine recovery of the $1,000.

Other factors would include if one party is secured vs unsecured.

Being the first trust deed vs 2nd trust deed vs 3rd trust deed on a home, etc. Being the first trust deed you put you in more secured position, etc.

Security can be a home, car, CD, Letter of Credit, etc.

Depends how secure the collateral is.

Agree that we are both on the same team.
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