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Buying a "Fannie Mae" house
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Instrument 41
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Join Date: Aug 2004
Location: Baton Rouge
Posts: 1,039
That is a very good point and something I have already though of and not sure how I would handle it. The property to the left is land locked but the property to the right is not and definitely could happen. I am told though that there is 2.3 million owed on the remaining property, which is worth maybe 150K. So it will be a while before anything is done with that. The property to my left I plan on buying that when it comes up. It already had a tractor and horse barn. Some gratuitous pics......
02-24-2013, 07:44 AM
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