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What Is it Called When You Owe More on a House Than it Is Actually Worth? By: Daria Kelly Uhlig. Your mortgage contract probably requires that you repay your loan in full when you sell your home. If the home is worth less than you owe, you can’t repay the loan from the proceeds of the sale.
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How Much Is My Mortgage??? Was Buying a Home Really Worth It??? Erica Fly. Buying Your First Home – Things I Learned Throughout My First. How to pay off a 30 year home mortgage in 5-7 years.
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