MACOMB COUNTY, Mich. – A Michigan millionaire decided to go into the real estate business with a bang last week by buying every tax foreclosed property offered at a recent county auction.
MyFoxDetroit.com reports Bill McMachen, a businessman and former yacht dealer, paid about $4.8 billion for all 650 tax foreclosed properties at Macomb County's July 31 sale.
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1 comment:
"paid about $4.8 billion "
Oops! Typo: The article says MILLION!
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