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  • The most expensive listing in America sold at Foreclosure Auction

    The most expensive listing in the United States, a 157-acre plot of land in Beverly Hills listed for $1 billion, actually sold for a mere fraction of that price ($100,000) at a foreclosure auction.

    The place had accumulated over $200,000 in debt and the original lender paid to take it on in the purchase. Talk about having inflated expectations for what a place is worth.

    Source: https://www.inman.com/

    Visit our website: www.abode.ph

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