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-One instance of the continuing price collapse is an apartment in the Sapphire Point section of Castle Rock that previously sold for $1,195,000 in 2007. This year, financial institution took the house and property back within a foreclosure and resold the home barndo for $500,000. Thus, another $695,000 has magically disappeared from the board. Why the low sale body? The buyer got a government backed loan, release type that is actually provided.
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