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Auction of Foreclosed Homes in Tucson Sees Prices Fall 55 to 61 Percent

04-15-2009 • AZStarnet.com

Pace offered under the listing price. The bank countered at a price higher than the listing. He offered $275,000, and the lender did not reply, instead sending the property to auction. The brochure claimed a previous high value of $718,000.

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