Quote:
Originally Posted by VladtheImpaler
I need a clear picture here - what is the approx value of your home? How much (in total) is owing on your mortgage? Is the $80K the difference between the two or is that simply the balance owing + court costs?
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The 80k is the difference in what is owing on the mortgage plus court costs, after they valued the home at a certain amount and agreed to pay that amount.