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gldskr, I think I am starting to get it now. But...
Can you please ellaborate a little more on the existence of that relationship between the bank and the third party? You said the bank got the money from a third party. How is that? I guess I can question the bank about the third party? Or I can not?
Any way, Who is that third party? or Who can be that third party?
Re: The equity. What is the legal basis (IF) for the bank's right to the equity on the home? It looks to me they only have right to the amount due to them, not to the "future equity". I am may be wrong on this for some reason.
Thanks for your participation.
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