Theres this terrible infomercial on every sunday morning that talks about buying tax-foreclosed homes. Basically, all you do is pay the back taxes and you own the house outright. (Apparently, the gov't forcloses on it rather than the bank. The commercial says this foreclosure trumps the bank) In this commercial, it shows home that can be bought for as low a just hundreds of dollars. Obviously, i wouldn't give in and buy this guys "Fool-Proof Method" but a.) is it even possible to do that and B.) How would you get involved in that?
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