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There have been a lot of good discussions about foreclosures. One topic I have not seen discussed are foreclosures and the elderly. I know a couple, he is in his 70s, she is in her late 60s. They purchased their house 4 years ago. Now it is worth about half of what they paid for it. They have some health issues. Their son has asked them to move in with him so that he can take care of them. The only thing stopping them is their home.
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