Lisa purchased her home 5 years ago for $265,000. Lisa stopped making payments on her home loan,
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Lisa purchased her home 5 years ago for $265,000. Lisa stopped making payments on her home loan, and unfortunately, the real estate market has gone down significantly in recent years. Lisa needs to sell her home immediately to avoid foreclosure; however, her property is now only worth $189,000. What should Lisa do next? Explain.
Related Book For
Business Law Principles for Today's Commercial Environment
ISBN: 978-1305575158
5th edition
Authors: David P. Twomey, Marianne M. Jennings, Stephanie M Greene
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