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11/21/2009From the BiggerPockets Blog: What Does Buying a Home “As is” Really Mean??

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4 votes

Wells Fargo Bets on Housing Recovery

Hawaii_005_comment_thumb Posted By: Ted Harris, 17 days ago (Report Spam)
Category: General Real Estate / Type: News
Source: cnbc.com

An interesting article in the Wall Street Journal today about Wells Fargo & Co. modifying some of its worst loans into interest-only loans got me thinking about the housing recovery in a new light.


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Jk_and_iron_mam_comment_thumb
At 07:43AM on November 05, 2009 - Jon Klaus said...
Modifying troubled loans to interest only. Only going to work (maybe) if there is appreciation. Other option? Foreclose. It's tough being a bank ; )

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