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Topic: New Orleans (Read 15132 times)
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DRD
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Posts: 172
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New Orleans
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on:
December 04, 2009, 01:17:29 AM »
Did anybody get anything interesting? And at what %
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DRD
Platinum
Posts: 172
Karma: 12
Re: New Orleans
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Reply #1 on:
December 04, 2009, 04:08:24 AM »
I have been asked privately to explain % question....So here goes...Most states when you bid, you dont raise the $ amount. You reduce the % of ownership and the original owner gets to keep the remainder. In lousiana the owner has 18 months to buy the property back if vacant and 3 years if they live on property.
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