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Recent content by SimonH

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    How to renegotiate this deal?

    I purchased a loft in December 2012. I put down a deposit equal to 20% of the purchase price. The seller is holding the note. The note is supposed to start this December at a rate of 6% per year. It is a mortgage amortized over 15 years with a balloon payment after 10. Under the terms of the...

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