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Refinance get a lower rate - such as an interest only loan (although harder to find now) and rent the place for the amount of the loan - then in the next 2 years look for a buyer and sell the home himself so as not to pay commission)
The other thing is he finds someone to take over the mortgage as DH put it and walks away - he loses out on his down payments and the money he has paid for a year although the money he paid for a year all went to interest and not the principal.
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ICQ 115433750
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