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"Chelsea mortgage 110 percent of sale price" courtesy of JPM Chase...

Started by mrsbuffet
over 17 years ago
Posts: 134
Member since: Nov 2006
Discussion about
http://ny.therealdeal.com/articles/chelsea-mortgage-110-percent-of-sale-price The best part is the buyer is listed as "Chelsea Vista Holdings". Can anybody make the argument that this is a smart move for either buyer or lender? Seems like a train wreck to me.
Response by lupus1
over 17 years ago
Posts: 139
Member since: Sep 2007

really wants to make you short jpm.

who would call the company chelsea vista holdings, a family member of the developer maby. maby the super needs more room.

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