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Re: Enterprising Investor post# 105

Monday, 02/27/2012 3:59:34 PM

Monday, February 27, 2012 3:59:34 PM

Post# of 270
Very good analogy. With one big difference: in this case, you (as homeowner), have decided to call the bank and offer to settle the mortgage at 65 cents on the dollar.

Would the bank accept the offer?