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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: MulhollandDrive who wrote (251190)6/1/2010 11:19:41 AM
From: patron_anejo_por_favorRead Replies (2) of 306849
 
Amazingly, AZ is one of the "best" at having low days to foreclose. Probably because they are a non-recourse mortgage state, the homeowner's tend to put up less of a fight here. They get a year or so in free rent, then it's off to the apartment (or to another home they "bought" using FHA 3% down and getting the 8K tax credit while the bubble home note wasn't being paid).
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