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Depending on your situation.....
In this economy, I wouldn't put my house up as collateral. Things sound tight if you are borrowing the whole loan amount with no money down.
If / when things got worse and you were forced to bail somewhere down the line, let 'em have the trailer and be done with it. Don't let them tie it to your principal place of residence and jeopardize that too.
Like musical chairs.... make sure you have a seat when the music stops !
__________________ *** KEEP LOOKING UP ***
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