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April 27, 2006
Asking Price $200,000
From a post from Bethesda on the increasing default rate on home mortgages and sky high housing prices.
Exacerbating this trend is the equity line. People have been cashing in on rapidly rising housing prices with 2nd mortgages, often to pay off credit card debt:
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Posted on April 27, 2006 06:42 AM by House 78.
Filed in Real Estate under housing prices.
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