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Subject I'm gonna lose my house, now what?
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Original Message I got in on my first house on an ARM, the payment is $2400 a month and the house is worth 50k less then when I bought it, and I owe 35k more n it now than when I bought it. I know I'm screwed, there is mortgage insurance on it. What are the scenarios good and bad that could happen if I just walk away?
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