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Posted by Neil Blatt on December 05, 2001 at 09:21:37:

In Reply to: Re: Could someone explain this to me please? posted by CarolFL on December 04, 2001 at 21:24:11:

I couldn't get the numbers to work out.
They buy all the payments and $40,000 of the $90,000
balloon for $54,816. You give $44,816 to the seller of the note and keep $10,000 for commissions. The seller ends up with $104,816 in the
following manner:

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