Property Details Square Foot: 3748, 1640-sqft fin. basement Year Built: 2000 Style: Colonial Beds/Baths: 3 beds, 4.2 baths Garage: 3-car detached Lot size: 65 x 130 Situation The owner had a total outstanding debt of $1,200,000. The current market value (CMV) on the property was $1,050,000. The owner was not in default and had a 700 credit score. The owner did not want to move or damage her credit but wanted to improve the negative equity position. Objective Purchase the existing loan at a di