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Good News, Bad News: Inherited Property with Mortgage Baggage

Okay, it’s time to join the kids and play “good news, bad news.” The good news is that you got a phone call from your great uncle’s attorney. You have an inheritance!

The bad news is that it’s a condo. In Florida. And he bought it in 2006. And it’s mortgaged to the hilt. Oh, yeah, with a sub-prime loan. Continue reading ‘Good News, Bad News: Inherited Property with Mortgage Baggage’

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