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In between appointments today, I wanted to do a search to see how many homes in Detroit were available for under $5,000. It didn't surprise me that there were over 200 listings. However, I was very surprised to find that six were in my zip code. These houses were brick. For a first time home buyer, this is the silver spoon that you were not born with. An opportunity to own a home free and clear without qualifying for a loan is golden.
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