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Foreclosures & Real Estate Article Category 

Articles about or concerning Foreclosures, Avoiding Foreclosure, Short Sales, Foreclosure Deals, Bank Foreclosure Properties, Sheriff Sales, Buying A Foreclosure Home, Locating Foreclosed Properties.
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What is a Trustees Sale?

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 Sal Farzin (June 17, 2008)  Previously, the steps that a lender can undertake the moment mortgage foreclosure has started were explained. Right now, the trustee's sale will be tackled. In states that use deeds of trust, this process is called non-judicial foreclosure. For example, the borrower misses a payment on his loan after the typical grace period of 15 days. At which point, he becomes delinquent on his .. (Foreclosures)

Can You Avoid Foreclosure?

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 Rebecca Stigall (June 17, 2008)  Sure, you didn't think when you signed your mortgage papers that you'd ever be in the position where you might lose your home. But, sometimes life throws curves that we don't anticipate and we find ourselves swamped with unexpected medical bills, out of a job, or faced with the income shattering consequences of divorce. There's usually very little standing between the average homeowner .. (Foreclosures)

Renters Also Getting Caught in the Foreclosure Crisis

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 Rich Thomas (June 17, 2008)  While homeowners are suffering the most direct impact from the current slump in housing prices and sales, renters are not immune from real estate problems in 2008 either. As reported in a recent article in USA Today, renters these days face a tougher rental market where the vacancy rates are going down, inventory selections are slim, the rules for applications are stricter, and the .. (Foreclosures)

Foreclosed Homes Bus Tours

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 Paul Escobedo (June 17, 2008)  With the continuously rising rate of foreclosed home on the market, some business savvy real estate agents are running regular bus tours of foreclosed homes for prospective buyers. Showing foreclosed homes as a method to promote sales, is evidently working in the favor of the agents and the bargain seeking buyers. Real estate agents from coast-to-coast are helping potential clients .. (Foreclosures)

How to Get a House For $100 Down Payment

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 Jonathan Blackwell (June 17, 2008)  With the glut of foreclosures on the local market narrowing down your options may seem daunting. However, for many first time home buyers one of the easiest and most profitable ways to purchase a home is to focus on the HUD foreclosure market. HUD foreclosures are ones that previously had FHA loans on them. Many of them fall into the perfect price range for the first time home buyer. .. (Foreclosures)

Shortsale Steps to Save Your Home From Foreclosure

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 Simon Volkov (June 17, 2008)  Shortsale of real estate occurs when the mortgage holder agrees to sell property below the amount owed on the mortgage note. Lenders oftentimes approve shortsale offers in order to prevent foreclosure. Doing so can help lenders minimize their loss on real estate properties and avoid the expense of foreclosure proceedings. During the shortsale process, homeowners work with bank loss .. (Foreclosures)

Stop Foreclosure Pain

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 Roger W King (June 17, 2008)  A home foreclosure can be some scary stuff, I know because I've been there. I went through a foreclosure and had no clue how it all worked. However, since I was up against a rock and a hard place, and no money or a place to move my family. I had to figure it out (and fast), then hopefully (if I had enough time) save my house. It worked out in the end, but not what you would expect. Was . (Foreclosures)

Difference Between Bankruptcy and Foreclosure

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 Steve Bingman (June 17, 2008)  A lot of people who are having a difficult time paying their bills hear the two word “bankruptcy" and “foreclosure". They know that both words have something to do with debts and they want to know what is difference between bankruptcy and foreclosure? Following is a brief outline of the difference as well as an explanation of how the two interact. Bankruptcy: - Court action . (Foreclosures)

How to Find Denver Bank Owned Homes

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 Sam Dunbar (June 16, 2008)  There are many ways to set about finding Denver bank owned homes. Bank owned homes are properties where the home buyer has defaulted on the home loan. Through one reason or another, the mortgage payments on the property have ceased. If an attempt to work with the home buyer fails and the property is not sold at auction, it becomes bank owned. Banks are generally willing to negotiate .. (Foreclosures)

Foreclosure Property Place

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 Anirban Bhattacharya (June 16, 2008)  In today's economic world, foreclosure real estate has become a big opportunity for all. Whatever reason you're interested in purchasing a foreclosed property, you need to do the proper research beforehand. No matter, if you are trying to acquire a foreclosed real estate a business venture, or looking out for building up a rental portfolio, the pleasure of home foreclosure could be the .. (Foreclosures)

The Raging Craze For Foreclosed Properties

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 Anirban Bhattacharya (June 16, 2008)  The term “foreclosed properties" may develop some negative feelings in people. These properties are occupied against the failure of paying off the mortgages. Many people often think foreclosed properties as being in less desirable parts of town, or in very bad condition. However, in fact, this is not quite true. Foreclosed properties come in all sorts of conditions, locations, and . (Foreclosures)

Facing Foreclosure Learn to Fight Back

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 Yvette Harris (June 16, 2008)  That's right you can fight back! I am tired of being pushed around and you should be too!!! "Bad Things Happen to Good People" and I am one of them. Job Loss Divorce Late Payments Medical Bills College Tuition Poor Credit Its time to stand up and fight for our rights, we do have rights as homeowners, taxpayers and consumers. This capitalistic society that we live in has SET .. (Foreclosures)

Purchasing Foreclosures in Santa Monica

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 Robert Grazian (June 16, 2008)  Just as much as purchasing of foreclosed or to be foreclosed properties are available elsewhere, a lot of people could also consider buying foreclosures in Santa Monica. Sometimes when people who engage in mortgage transactions with banks or local financial creditors, there are instances that keep them from fulfilling their end of the bargain, which results to the failure of coming up .. (Foreclosures)

Long Beach Foreclosure Notices

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 Robert Grazian (June 16, 2008)  Sometimes a person who puts up his or her real property or property that are physically immovable such that of houses or land properties, fail to come up with the money to be able to gain repossession of the said property in time of the agreed date. This leads to the original owner risking loss of their ownership over the property in question. Prior to this, however, the bank or .. (Foreclosures)

Tahoe Area Foreclosure Homes

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 Robert Grazian (June 16, 2008)  Tahoe would be a nice place to visit occasionally, to the extent that one would even consider it a good idea to have a nice house there to stay in every now and then. Like everywhere else, in the Tahoe area foreclosure homes are available for the typical relocating individual or investing entrepreneur to consider for purchase. If you have contacts you can ask around, especially the .. (Foreclosures)

Liens on Foreclosures in California

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 Robert Grazian (June 16, 2008)  There are investors in mass found who are learning gradually to invest their money in the California foreclosures. People are seen in abundance to capitalize in the property of California foreclosure. The process for the same begins simply with the payments over the mortgages and other loans. There are many of the detailed things which you will be glad to know and the same is being .. (Foreclosures)

Los Angeles County Records Foreclosure

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 Robert Grazian (June 16, 2008)  Simply with the reason of its absolute size, there is provision made for both that is Traditional and HUD Foreclosures in the wonderful Los Angeles. There is provision of a huge opportunity done to people simply by providing foreclosures and the pre foreclosure. However, these foreclosures and the pre foreclosures provide a magnificent opportunity to all with the best and the lowest .. (Foreclosures)

How to Preserve Your Credit During Foreclosure

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 Nick Adama (June 15, 2008)  In some cases, homeowners who know they can not save their home from foreclosure wish to preserve their credit scores as much as possible. Although raising a score or keeping it at a high level is probably not likely, homeowners should be quite capable of making sure that they do not face the worst of the consequences of foreclosure, just by following a few tips and understanding the .. (Foreclosures)

How to Navigate the Rough Road to Recovery After Foreclosure

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 Nick Adama (June 15, 2008)  What to do after facing foreclosure is an extremely broad topic; after all, there are so many possibilities for homeowners to begin the process of financial recovery or make a fresh start or attempt to get their house back or qualify for a new house. How one family will respond to saving their house or losing it will be entirely dependent on their circumstances and the particulars of .. (Foreclosures)

Stopping Foreclosure Means Eliminating the Lien on the House

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 Nick Adama (June 15, 2008)  There is really no other way for homeowners to get out of foreclosure than to deal with the defaulted loan on their home. It is because they have a lien on their house and the property has been pledged as collateral for the mortgage that they face the loss of their home. In essence, all methods to avoid foreclosure involve eliminating the current lien. Homeowners have to pay off the .. (Foreclosures)

Todays Down Housing Market May Be a Great Time to Buy a Foreclosure Property

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 Nick Adama (June 15, 2008)  Last month, Brad Geison, President and CEO of Foreclosure.com announced that he believes the worst of the housing downturn is history. If he is right, we may see the industry start to turn around and get a nice boost in new home sales before the year ends. And he is not the only one predicting a drastic change in the market; many experts are expecting a turn around in the next 12 .. (Foreclosures)

Is Being Declared Insane Enough to Stop Foreclosure on a Home?

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 Nick Adama (June 15, 2008)  Most homeowners who experience foreclosure due to a medical disability often suffer from a physical accident or illness. While these are often serious and devastating, and can lead to permanent disabilities, finding out that the borrower is suffering from a mental problem can present even more unique challenges. But if a homeowner can be diagnosed as clinically insane, some family .. (Foreclosures)

Do You Pay the Property Taxes When You Give the Bank a Deed in Lieu of Foreclosure?

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 Nick Adama (June 15, 2008)  Giving the bank a deed in lieu of foreclosure can be an effective way to get out from under a property and avoid some of the worst consequences of having a house fall into foreclosure. Homeowners are often concerned what they will have to pay even in this situation, though, and they do not want unresolved issues like property taxes to come back to haunt them in the future. In fact, the .. (Foreclosures)

Buy Homes by Short Sale

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 Karen Bellas (June 15, 2008)  Recently, many people bought houses with no money down. They went for homes that were at the top end or even a little more than what they pre-qualified for. Then their financial situation changed significantly. This could be caused by a job loss, serious medical expenses or divorce. These people are very close to foreclosure. With the slowdown of the housing market in some areas, a .. (Foreclosures)

What Does it Take to Make a Killing Out of the US Foreclosure Market?

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 Jeffery Adams (June 15, 2008)  The U. S. foreclosure market is a great opportunity for real estate investors and new-house bargain hunters to get a foot in the door at great prices. Given the fact that foreclosures do represent a certain amount of financial pain and failed dreams it is, perhaps, a slightly hard-hearted thing to say. Yet, as every savvy first-time house buyer and real estate investor knows .. (Foreclosures)

Foreclsoure Advice

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 Kathy Swift (June 15, 2008)  Let's get one thing straight right now. Foreclosure is the most damaging thing to have on your credit report. It will completely annihilate your credit options for years to come. Even with aggressive credit repair strategies you will be suffering severe credit damage for seven years or more after a foreclosure. Foreclosure is even worse than bankruptcy on your credit history. .. (Foreclosures)

Foreclosure Laws in New York State

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 Kathy Swift (June 15, 2008)  In New York state, a bank can use either judicial or non-judicial foreclosures. If a power of sale clause is written into the mortgage or deed of trust, this enables the bank to save the time and expense of filing a lawsuit with the court in order to proceed. A power of sale clause is wording that pre-authorizes the bank with the option of selling the home without court approval. Most .. (Foreclosures)

Laws of Foreclosure in North Carolina

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 Kathy Swift (June 15, 2008)  Both judicial and non-judicial processes are followed in North Carolina. Judicial foreclosure means that the court system must be employed to begin the foreclosure process. The bank must file a lawsuit against the homeowner having trouble making his house payment before a sale date for the home can be set. Non-judicial foreclosure does not require the courts permission to proceed with .. (Foreclosures)

SW Florida REO Investing Missing the Boat?

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 Scott Allan (June 15, 2008)  As the Florida real estate market is just about as sellable as a deadly disease, seasoned investors are taking advantage of the massive amount of foreclosures, also known as REO's that are so abundant. While banks are desperate to get some capital and cash flow moving again, they are deeply discounting the notes owned by homeowners to about 30% of the purchase prices, some even better! .. (Foreclosures)

How Can I Get the Best Deal on a Foreclosed Home?

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 Jonathan Blackwell (June 15, 2008)  As the foreclosure inventory increases, more an more homes across America sit vacant and dilapidated. The longer they sit the harder it becomes to obtain traditional financing because lenders don't want to lend on collateral in disrepair. As they continue to sit the price continues to drop until an opportunistic investor, with cash in his pockets, usually ends up purchasing the home, .. (Foreclosures)

Different Types of Foreclosure Homes and the Stages of the Foreclosure Process

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 Ryan Nerl (June 15, 2008)  Different types of foreclosure homes and the stages of the foreclosure process. There are four basic types of foreclosure homes because there are four different stages in the foreclosure process: Pre Foreclosure: (1) Foreclosure Homes: Notice-of-default (NOD) - Day 1: The first notification from the bank to the homeowner that the bank has decided to take action against the homeowner .. (Foreclosures)

Search Features and Property Details of Foreclosure Listing Websites

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 Mary Solomon (June 15, 2008)  Search features are the information displayed on the website of any foreclosure listing website. Following are some search features of foreclosure listing websites. Listing Type Properties can be searched according to their listings like foreclosure, pre-foreclosure or for sale by owner. City and State Properties can be searched by specific cities and States through the search option .. (Foreclosures)

Bank of America List of Foreclosures

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 Robert Grazian (June 15, 2008)  America is under constant discussion of recession, due to financial crises as well as because of current mortgage in America. Well, bank of America list of foreclosures is at high point found everywhere in America. You can easily find good real estate properties these days because bank of America list of foreclosure with them. You will find that government foreclosures are being too .. (Foreclosures)

Repo Homes in Maine

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 Robert Grazian (June 15, 2008)  You all might be wandering that what exactly are these Repo homes, in fact these Repo homes are the houses that are been repossessed by the government from the owner of the property due its defaulters seen in payment. These owners are the people who take loan from the government in form of money by keeping their home property as security purpose. Then the government repossesses this .. (Foreclosures)

Buy Cheap Foreclosed Homes

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 Robert Grazian (June 15, 2008)  In the foreclosure business, the typical foreclosed property investor would opt to buy cheap foreclosed homes in order to maximized profit in his or her trade in the industry. This is not really difficult since the general principle behind buying cheaper stocks for better profit equally applies to foreclosures. It's just a matter of logical thinking and appropriate decision making for .. (Foreclosures)

Process For Buying Foreclosed Homes

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 Robert Grazian (June 15, 2008)  Foreclosure is a legal mandate wherein a mortgagee, usually an individual or financial firm or creditor such as a bank takes possession of a mortgager's property as an act of compensation for the borrower's inability to pay debt. This happens when a borrower secures interest for a lender when he or she puts up an asset such as a house for mortgage in exchange for a big loan. At this .. (Foreclosures)

Bank Foreclosed Homes For Sale

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 Robert Grazian (June 15, 2008)  Technically, putting up bank foreclosed homes for sale is the most general means of conducting foreclosures. This is because most mortgages are usually entrusted by the bank rather than have the establishment mediate the transaction between the two parties. There are two obvious reasons for this. First of all these banks are more likely to have more money to both lend the large amount .. (Foreclosures)

Foreclosed Homes in Northern California

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 Robert Grazian (June 15, 2008)  Statistics have shown that about one out of 100 houses are actually undergoing the foreclosure process - a count which is considered a 79% increase of the number of homes subject to foreclosure in the US, which continuously proves that the trend of foreclosed homes are rising in the country. Of course, this includes foreclosed homes in Northern California, where the local banks have .. (Foreclosures)

Buying Foreclosures in Santa Monica

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 Robert Grazian (June 15, 2008)  Santa Monica is well known as “Beach City" and with a location in California. The average round on temperature is found to be sixty eight degrees Fahrenheit and it has the best quality air in surroundings. The state beach is found up to around two hundred forty five acres where there are provisions made for hotels and the sums up of the number of rooms are nearly about three .. (Foreclosures)

California Rental Rights After Foreclosure of a House

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 Robert Grazian (June 15, 2008)  The variations are generally observed in term of the laws and orders and rules and regulations with a change in state or country. Similarly California may have different rules and regulations with terms and condition in comparison of that followed in other places. In simple and the easiest understanding foreclosure is nothing else then missing a payment. This is when an individual .. (Foreclosures)

Home Foreclosures San Clemente, California

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 Robert Grazian (June 15, 2008)  If there is any thought in your mind for selling your present home and then after this if you are planning to relocate the same out side of San Clemente then the following package will undoubtedly help you a lot. However, through this you could be in condition to save your thousands of money too. It is suggested to list your house firstly and through this you can be in condition to .. (Foreclosures)

Foreclosure Phoneathons Popping Up Nationwide to Combat Mortgage Meltdown

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 Brian Quigley (June 08, 2008)  Bank owned REO's (Real Estate Owned) are currently at 660,000 nationwide, more then triple what they were in January 2007, at 231,000. That is 1 out of 7 home sales being “short", or paying the lender less then what the borrower owes on the property. This falling prices are fueling the foreclosure epidemic as people cannot sell their homes at straight market value, and owe more on . (Foreclosures)

Thinking About Investing in Pre-Foreclosures? Don't Forget Tax Sale Pre-Foreclosures

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 Richard Dawson (June 04, 2008)  Have you ever looked into working with mortgage preforeclosures? By this I mean contacting the owner of a property who is about to lose it due to non-payment of their mortgage, and attempting to buy the property. This technique has been around forever, and a lot of people have made good money practicing it. I would highly recommed you give DeedGrabbing a try - it's a similar concept, .. (Foreclosures)

South Carolina - Bank Foreclosed Homes

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 Anirban Bhattacharya (June 03, 2008)  As we already know that foreclosed homes and properties are one of the great ways to get the desired homes in quite affordable prices. South Carolina provides one of the lowest foreclosures rate in the market, making it the most lucrative place to get worthwhile homes. The state features some of the hottest properties in today's world due to its below-average market prices in major .. (Foreclosures)

Free Foreclosure Answers

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 Chris Archer (June 01, 2008)  The statistics are staggering. Mortgage foreclosure filings have increased 93% over the last year alone. Projections call for nearly two million more foreclosure filings in 2008. The interesting and more positive statistic is that of all of the foreclosures filed, nearly 62% of those owners could have saved their home, by utilizing the services of a professional loss mitigation service; . (Foreclosures)

Talking to Kids About Foreclosure

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 Jessica Pegis (May 29, 2008)  For months I've been following the US sub-prime mortgage crisis and wondering about the kids. Now a Brookings Institute report confirms that an estimated 2 million US children will be affected by foreclosure in 2008 - 2009, resulting in homelessness, school problems, mental and physical health issues, and all-around anguish. I read about one Minnesota teen who will soon move from the .. (Foreclosures)

How to Avoid Home Foreclosure When Behind on Mortgage Payments

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 Angela Harris (May 28, 2008)  Are you facing home foreclosure and want to know how to stop it and save your home? If so, you should know there is help out there for you. Many people end up in foreclosure status when they fall behind in their mortgage payments. In today's economy this is not hard to do. With the price of gas so high it is expensive just to drive to and from work. Everything is going up, including the . (Foreclosures)

Foreclosure Crisis - Learn What Lenders Don't Want You To Know

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 Mike Clover (May 25, 2008)  Did you know most of the foreclosures taking place now could have been avoided? With all the foreclosures taking place because of adjustable rate mortgages (ARM's), this could have been avoided if the lender had put families in a 30yr fixed mortgage. During the real estate boom, individuals that had less than perfect credit were put into sub-prime loans. There were millions of families .. (Foreclosures)

Foreclosed House Listing

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 Hyder Khan (May 21, 2008)  Ok so you think you've done your research and have found a foreclosed house listing that you believe will be a great deal to invest in. You look at what the house is worth and what is the minimum bid to buy the property (or what is owed on the house in order to pay it off in full). But do you really know whether the deal that you are looking to invest in, is truly a bargain? Can you .. (Foreclosures)

Foreclosure Property Auctions

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 Hyder Khan (May 21, 2008)  Foreclosure property auctions can be intense. If you live in an area with a high concentration of foreclosures, you may find the auctions in your local county to be extremely busy, with a huge inventory of houses up for sale to be bid on. You may also find that all of the local real estate investors in your locale flock to these auctions and congregate there, engaging in fierce .. (Foreclosures)




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