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When he was unable to get a loan to cover it, the county treasurer deeded his home to the investor. This left Fair with nothing, even though his home was worth around 11 times more than the debt he owed.
In one of the more outrageous cases, a Michigan man’s home was seized over an underpayment of just $8.41, leaving him with nothing, although he is one of the lucky few who successfully fought the move in court.