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Posted by Carolyn M. Elam on January 10, 2004 at 15:55:43:
In Reply to: Re: Need info posted by Lo on November 24, 2003 at 18:56:42:
I have a home that was left to me by my husband, but I can not pay the lump sum that the bank is asking for. However, if I can get a loan for about $20,000 and make monthly installment I can make payments. I would like to lease the home out.
: : The reinstatement amount is the amount that the bank needs to receive in order to bring her loan current.
: : It includes attorney fees if any.
: : If this doesnt work, she will need to refinance or sell her home in order to stop foreclosure.
: : I have helped many owners avoid foreclosure by taking over payments.
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: : David G.
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