Question
A couple is having financial troubles and are unable to keep making monthly mortgage payments. They want to protect their credit so they agree to
A couple is having financial troubles and are unable to keep making monthly mortgage payments. They want to protect their credit so they agree to sell their home. They realize the sale price will not cover the full amount of their loan. They negotiate with their mortgage lender who agrees to accept the selling price as satisfying the mortgage. They are selling their home as part of:
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
