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1+ million in the bank you can trash your credit ratting with little issue so let your bank take the risks

Actually, with $1 million in the bank, if you walk away from the mortgage, you bet your ass the bank will come after you to collect on what they can't get from the value of the home. It's going to be hard to declare bankruptcy when you have that kind of cash lying around.



When you get the loan you can usually limit your liability to the actual house.




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