Business, 29.01.2022 19:00 gymnast8900

A property is valued at $295,000. The property is subject to a first mortgage and a second mortgage, with a CLTV of 77%. The current balance on the second mortgage is $29,500. What is the approximate amount of the first mortgage?

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A property is valued at $295,000. The property is subject to a first mortgage and a second mortgage,...