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arrears (1)

GMAC - Credit for Taxes Paid in Arrears Denied

First, this may not apply for all, but in Cook County (where Chicago is located), taxes are paid in arrears. For example, the first installment (of two installments) of taxes for 2011 will be sent out in March, 2012. So, homeowners are always paying

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GMAC - Credit for Taxes Paid in Arrears Denied

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