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2009-03-20 — go.com
In a novel piece of marketing, a real estate company in this foreclosure-saturated community, which is criss-crossed with canals and waterways, has created an effective way to lure customers. The Foreclosure Boat Tour is now a regular sales event for a Cape Coral, Fla., company that calls itself Foreclosures 'R Us -- like Toys 'R Us, but this is no game. Company owner Marc Joseph knows that this is serious business.
We're not even close to the bottom. We haven't even gone through the bulk of the Pay Option ARM recasts, or prime defaults. If we're halfway down, we're lucky.
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