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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: MSI who wrote (7971)1/7/2003 4:09:59 PM
From: GraceZRead Replies (1) of 306849
 
Things might be different in CA. Even here it takes a looooong time to foreclose on a tax delinquent house, it's over a year before you can gain possession of the house. I did know a few people who "invest" in those tax certs simply because the interest is so high. They count on the fact that they won't get the house but the money instead.
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