original housing price = $100,000, downpayment =$20,000, mortgage = 80,000; ]/ ]4 t- _' I" b: v6 V* T& |
one year later, the housing is only worth $60,000, tell you $1.00 but must with the mortgage. Do you want it? 4 C8 T f( t5 e& R% G6 P% v$ K! I9 u3 f, d0 C! U
No way !!!