Home › Forums › Housing › “Renegotiate” Your Loan – banks giving in to buyers in distress › So now the FB’s owe 400k
So now the FB’s owe 400k instead of 500k on something worth maybe 200k tops. Doesn’t seem like a great deal from my POV.
This isn’t going to save investment properties purchased during the bubble. 100% of those are going to be defaulted on.
