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In fact, government foreclosed homes aren’t much difference from bank foreclosed homes. If you realize, there are plenty of gov departments that handle real-estate. There are basically two techniques the us government plays while using foreclosure game. First, they form their very own real estate property agencies and behave as a bank that loans you cash. If bad times popped up in sudden, there is high probability that you just cannot pay your monthly debt. This is when they declare foreclosure you and take back your premises.
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