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 gmakerley |
if your estimate of the value on the condo is accurate, then even a sale won't enable you to pay off that existing mortgage. refinancing appears not to be an option, either, with balance exceeding value.if you were to sell - at market value - would one of the other family members who resides there be able to assist your mom in a purchase? you mentioned your reservations about her qualifying based on income, and another borrower with more income would enhance the situation. | |||
