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Ted Rudow III, MA
When a dollar can look big… Ted Rudow III, MA, Palo Alto, CA Today, younger pastors are less willing to try to finance multimillion-dollar churches with debt. After the recession, there was a surge in church foreclosures, reaching record highs in 2010 and 2011. Since 2008, more than 300 church properties have been sold after defaulting on their loans, according to the Co-Star Group, a real estate information firm.
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