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10 cheap homes for sale by Uncle Sam

Modesto, California
Modesto, California
Area rental vacancy rate: 8.4%
Area home price drop since peak: 60%
Home sale price: $129,900 or an estimated payment of $764/month
Features: Four bedroom, two and a half bathroom single-family home built in 1970


NIn-Hai Tseng @FortuneMagazine - Last updated December 12 2011: 3:40 PM ET
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