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Rising Foreclosures Reshaping Communities |
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ATLANTA -- If you're like most homeowners, you've probably never given much thought to whether your neighbors pay their mortgages on time. She had a fixed-rate loan on a 5,000-square-foot home with two kitchens in Waters Edge, an upscale subdivision in Stone Mountain, just outside Atlanta."Why pay full price for my house when you can pick up a foreclosure for $30,000 or $40,000 less?"
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