Hi, this is John Higgins. I'm going to talk a little bit about Indiana. We are in full swing right now here in March with Indiana commissioner sales. So let me explain what the Commissioner sale is. This is going to be a real brief blog. This is going to be a BB brief blog. We briefed broad, anyways, in the Commissioner sale. What happens is, these liens have already been to sell, they didn't sell, and so they finally, the county says, "Enough is enough. What we're going to do is we're going to impose a ten percent penalty and a 120-day Redemption period. If the person does not redeem within the 120 days, you get the property or you can foreclose on the property." Now, there is paperwork that needs to be done as a lien holder up until that 120 days. If you do not file that paperwork in the correct order, they will help you at the county. They will help you with knowing the process, but they won't do it for you. Okay, you're going to have to hire an attorney. The point is, it's a 10% penalty, so if they redeem in the first month or the second month, it's still 10%, and you can calculate your annual rate of return from there. But this is a unique thing. You're buying the property. Don't kid yourself, it's very unlikely that most of them are going to redeem it. Let me give you an example. There was a $250,000 property that I saw that had $50,000 in liens. But the Commissioner sale says, "Okay, look, if nobody bought it at $50,000, let's reduce it down to say $10,000." So the opening bid was $10,000 and it sells for $20,000. Now, the property owner is not responsible for...
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