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Monday, August 15, 2011 10:42:41 AM
I look at it like a house, GERS owns the house and they took out an equity loan on it. The fact that the bank(YA)came and appraised the house and was willing to fork over that kind of money towards the house make me question the true value. In the last five months since I've been following GERS, I personally feel I've watched the house increase in value substantially.
What do you think this house is worth right now? I wonder how close we are on our appraisals. lol
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