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Buliders can now by lots for around $10,000 that at one time cost up to $40,000. That just reduced the price $30,000. This is starting to let builders reduce ther price to match that to some of the Foreclosure prices.
For some it's the only option. If you have an exact idea of what you want or need and can't find it on the market building new is the solution for you!
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For Sale: $139,000
For Sale: $99,900
For Sale: $104,900