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Metro Atlanta has record number of foreclosures

Equity Depot reported Monday that in the 13 counties it tracks,
8,425 properties are scheduled to be auctioned Feb. 3. The previous
high was 7,967 from last September.

Fulton County leads with 1,838 properties, followed by Gwinnett
and DeKalb counties.

Fayette County, south of Atlanta, has the fewest foreclosed
properties at 128.

Many of the properties likely will not be sold because of
negotiated agreements and bankrupty filings.


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