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Ad ID: 51515851
Visits: 51
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Location:
Los Angeles
Date Listed: May-14-08
Our family was struck by an illness. We had just bought a new home and put our old house on the market. The Real Estate took a dive immediately after. My wife was diagnosed with a rare cancer at the same time. Three months later the new house appraised $200,000 less than what we had just purchased it for and we could not refinace out of the high rate loan we took while waiting for the old house to sell. There was hardly any equity left in the old house. The medical bills mounted and the substantial amount of savings we had set aside to ride out the new loan until the old house sold, was dwindling fast. 6 months later we lost the new house. Even though my wife was sick, she dug up an investor that bought the old house finally, but he did this at the cost of what ever little equity there was left. I have a very lucrative job and the medical bills are paid, but the credit is destroyed. I have been a homeowner for more than 15 years, and now I have no where for my family to call home. I have found a great deal on a house to buy, but we need a loan. If you can help, please email us at mailto:colllemarle@aol.com . Central Coast of California
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