After the Short Sale, and with 12 months of paying rent and other bills on time, they may once again be mortgageable, preserving their future. |
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The only solution we could find was to turn it into living accommodation, because this would allow the property to become mortgageable. |
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Unless the loan is reinvested in the home, borrowing against the free mortgageable value makes households more vulnerable to falling property prices. |
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By listing the items of both mortgageable and unmortgageable assets, it limits the scope of assets on which mortgage interests can be established. |
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