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[–] standwithuQ 2 points -2 points (+0|-2) ago 

4 Million.

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[–] 1Paydaddy 0 points 10 points (+10|-0) ago 

10% of 4 million. You give a Bonding agent 10% and they guarantee the 4 million that you will show up.

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[–] Lindorinel 0 points 4 points (+4|-0) ago 

If you have collateral.

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[–] Cheetah1964 0 points 1 point (+1|-0) ago 

What bonding agent is going to go for this deal with ole Ed? Like he isn't going to take off for the South Pacific the minute he sees daylight?

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[–] DickTick 0 points 1 point (+1|-0) ago  (edited ago)

No... 400k

I know most people around here don't know how this stuff works but you only pay 10% of your bond in cash.. they always say you have to have collateral but if anyone's actually been a part of that process they're not taking anyone's damn home. you paid 10 to 20% in cash and you walk that day. It's been like that for many many many years.