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Home Prices has Left about 20% of U.S. Homeowners Owing More than Home is Worth
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05-20-2009, 12:04 PM
Ryan St. Germain
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Join Date: Sep 2006
Location: Las Vegas
Posts: 1,269
Both my mom and my sister have houses in Mich in that price; my mom rented hers luckily, but my sister ended up giving it back to the bank when the value fell below 50% and no one was interested.
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