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Money and Finances
Reply to "spinoff: Dave Ramsey and second houses"
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[quote=Anonymous]We bought in 2006 at the height of the market and had a horrible 10 year interest only loan. We bought the house for $265k and it was worth $180k. We ended up doing the HAFA mortgage assistance program and were able to short sell it in 2013. So thankful we got out without spending any money at all. I'm not sure if that program is still available but may be worth looking into it. It didn't even damage our credit too badly, was very worth it to us. [/quote]
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