Quote:
Originally Posted by ResAlien
You owe what you owe brother.
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I know and am fine with that. But I guess the question is how the bank will deal with the situation. We can afford the mortgage payments but will they renew for a value higher than the value of the house? If not, what are the options, I guess is what I was asking? Will they say, you are $75,000 over the value of the house so you have to write a cheque for that today? Then it would be jinlgle mail time. Not really but you know what I am saying?