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Real estate Q&A: Who gets the money?

Q: We had an investment property that fell into foreclosure a few years ago. It finally went to auction and was bought by a third party for about $20,000 more than what we owed the lender. Who gets that money?


The business of selling off old churches

Every year, about 7,000 churches in the United States close their doors, the Christian ministers' organization Pastoral Care estimates. In some cases, members' numbers have declined, and those who remain cannot support the considerable cost of maintaining the buildings.

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