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Thinking of a Stategic Foreclosures-Better Watch Out!

A buzz word floating around the real estate world these days is ‘strategic foreclosure’. These foreclosures are not done because homeowners are facing hardship, forcing them to turn their keys over to the bank. No, these are homeowners that can afford to make their mortgage payments while watching their home values plummet and they now owe much more than their home is worth.

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