Which of the following houses would be considered "underwater"? Purchase price: $140000; current fair market...
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Which of the following houses would be considered "underwater"? Purchase price: $140000; current fair market value: $112000; outstanding mortgage: $126000. Purchase price: $218000; current fair market value: $163500; outstanding mortgage: $109000. None of these houses are "underwater:" All of these houses are "underwater
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