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2 days agoNo. The auctions wouldn’t happen in person but online. Some reit or foreign money or both will bid more than the locals could afford.
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Cake day: June 15th, 2023
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It has already happen. Look what happen in 08. The banks did the foreclosures and then just sat on the properties or sold them in mass to someone else. There wasn’t any auctions on the courthouse steps for the local populace to bid only a dollar.