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Old 01-23-2007, 07:20 AM
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Default Re: Is Your Home An Asset or Debt Trap?

cptacek, are you the one who is the mortgage holder? Will you be receiving compensation for your 1/2 when the house sells?? Will they or are they strictly a roomate w/no stake in the house itself?

If you're the roommate and the other person holds the mortgage are you protected with some type of contract for your portion or are you merely renting a room from them?
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