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Buying a Foreclosed Home: Not Without RiskWhen purchasing foreclosed property, some methods carry greater risk than others. Gary Painter, professor and director of research at the Lusk Center for Real Estate, University of Southern California, Los Angeles, tells listeners what to keep in mind before purchasing. American Share Insurance - ACU deposits are insured up to $250,000 per account. By member choice, ACU is not federally insured.
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