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Old 03-25-2007, 09:26 AM   #11
TomC
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Default equity is illiquid...

Quote:
Originally Posted by fatlazyless
Your comments about the increase in equity are all well and good, but when the property tax bill is due one has to come up with a cash check....
i think he is suggesting that you convert some of the equity into cash, by perhaps a reverse mortgage or home equity line...
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