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Foreclosured Homes Are Auctioned Off During Mass Selling Event

Justin Sullivan, Getty Images

SAN MATEO, CA – APRIL 25: Bidder assistant Jose Soto yells out a bid during the REDC foreclosed home auction April 25, 2009 in San Mateo, California. Over 100 foreclosed homes were auctioned off today as part of a five day foreclosed home auction event in the San Francisco Bay Area. 487 properties are on the block for the five day event. (Photo by Justin Sullivan/Getty Images)

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