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I am a little confused by something I have seen. I have seen houses that are worth 100,000+ easily, yet the foreclosure page says the estimated cost is like $425 or even $125 because it is a REO. What does this mean? Are they really saying these houses are gonna go for hundreds of dollars instead of thousands? Or is this just a tactic to rope you in until they say actually we are looking for $150,000?
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