Wholesaling Real Estate In Toledo, OH In 2026?

Population 268,508 · #83 largest of the 500 cities we rank · data for October 2026

Market tierAStrong market
REI CASH INDEXData by REI Cash Index · October 2026
Pivot your market in 5 minutes. See Toledo's cash sales, months of inventory, rank, pending and sold — and every city side by side.
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Sources: Zillow Home Values · Zillow active listings · cash sales Sep 1, 2025 – Sep 1, 2026 compiled by REI Cash Index

Toledo, OH wholesaling: key facts

  • Toledo, OH is a A-Tier market for real estate wholesaling (strong market), scored 25 of 36 points by REI Cash Index for October 2026.
  • Homes in Toledo average 10 days on market before going pending (last checked Oct 15, 2026 from Zillow).
  • The average home sale price in Toledo is $132k (data from Zillow Home Values).
  • Toledo has a population of 268,508, the #83 largest of the 500 U.S. cities REI Cash Index ranks.
  • Toledo has 727 active home listings (last checked Oct 15, 2026 from Zillow).
  • Ohio is a title company state, which works in a wholesaler's favor: closings usually run through a title company (escrow), and a wholesaler-friendly title company closes assignments and double closes faster and with less back-and-forth than an attorney.
  • Ohio wholesaling law: A separate signed disclosure form (from March 2, 2026); the owner may cancel before close of escrow without it (Ohio Rev. Code § 5301.95).
  • REI Cash Index lists 4 wholesaler-friendly title companies & attorneys (closers that already handle assignments and double closes) and 5 novation-friendly agents in Toledo.

Source: REI Cash Index, October 2026 (Zillow listing data and county cash-sale records).

About the Toledo, OH housing market

Toledo offers a fast-paced environment where homes trade quickly and affordable entry points attract steady investor attention. With an average sale price of $131,766 and listings spending an average of just 10 days on market, turnkey and distressed properties move without delay. Tight inventory across the city means you are stepping into a market where listings go under contract rapidly and demand routinely outpaces supply.

As an A-Tier market with a population of 268,508 and 727 active listings, Toledo features a deep cash-buyer pool looking for rental acquisitions and rehab opportunities. While you will navigate active competition drawn to these favorable fundamentals, the inventory constraints and pricing sweet spot create consistent opportunities to secure contracts and move deals to eager buyers.

Wholesaling real estate in Toledo

When sourcing deals in Toledo, target tired landlords, probate properties, and owners facing deferred maintenance. Because properties sit squarely in the investor sweet spot, your primary exit routes include classic assignment, double closes, and novations. Closings are typically handled through a local title company using escrow.

To protect your transactions, ensure compliance with Ohio Rev. Code § 5301.95, which requires a separate signed disclosure form (from March 2, 2026); without it, the owner may cancel before close of escrow. While buyer competition is strong, maintaining clear seller disclosures and pricing realistically will keep your pipeline moving smoothly.

Is Toledo good for wholesaling and novations?

Wholesaling (assignments)

Good for wholesaling

  • ✓ Homes sell fast
  • ✓ Tight inventory
  • ✕ Competition follows good numbers
Novations

Good for novations

  • Homes sell in about 10 days, so a novation listing should not sit long.
  • Inventory is tight, so retail buyers compete for listed homes.
  • An average price of $132k leaves room for a retail spread after agent fees.
5 novation-friendly agents ↓
Who closes in Ohio

Title company state

  • Ohio closings usually run through a title company (escrow), a plus for wholesalers: title companies tend to close assignments and double closes faster than attorneys.
  • Ohio requires written wholesaling disclosures.
4 wholesaler-friendly title companies ↓

Based on this month's numbers and REI Cash Index rules. Attorney / title-company practice and state rules are a summary, not legal advice.

Ohio wholesaling rules (disclosure): A separate signed disclosure form (from March 2, 2026); the owner may cancel before close of escrow without it. Ohio Rev. Code § 5301.95

What makes Toledo a good market

  • Homes sell fast. Listings average 10 days on market — buyers in Toledo make decisions quickly, so a good contract moves.
  • Tight inventory. Months of inventory is in seller's-market territory: few listed homes compete with your deal, and buyers can't wait for cheaper ones.
  • Deep cash-buyer pool. Cash sales over the last 12 months are among the strongest of the cities we track — more end buyers to assign to.
  • Prices in the investor sweet spot. An average sale price of $132k leaves room for a real assignment fee without pricing out cash buyers.
  • Listings go under contract quickly. A high share of Toledo's listings is already pending — demand is keeping up with supply.

What makes Toledo a hard market

  • Competition follows good numbers. Strong markets attract other wholesalers. Expect crowded mail and PPC — differentiate on speed and certainty of close.

Best exit strategies for Toledo

Ranked for Toledo on this month's numbers. Open a card for the step-by-step.

1

Assignment (classic wholesale)

You put the house under contract, then sell your right to buy it to a cash buyer for an assignment fee. You never take title.

Why it fits Toledo
  • Cash buyers are active here, so assigned contracts find takers.
  • Homes sell in about 10 days, so buyers decide quickly.
How it works

Step by step

  1. Sign a purchase contract that lets you assign it (buyer named "your name and/or assigns"), with an inspection period long enough to find a buyer.
  2. Open escrow with a title company or attorney that closes assignments, and send them the contract on day one.
  3. Market the deal to your cash buyers; collect a non-refundable deposit from the buyer you pick.
  4. Sign an assignment agreement: the buyer steps into your contract and pays your fee at closing.
  5. The buyer closes with the seller; your fee shows on the settlement statement.

What you need

  • A contract that allows assignment
  • A closer that accepts assignments (see the list on this page)
  • A buyers list and proof of funds from your buyer

Costs

Lowest-cost exit: one closing, paid by the buyer. Your fee is visible to the seller and the buyer.

Watch out for

  • Some states require written disclosure or a license to assign (see the state rules on this page).
  • A large visible fee can upset a seller or buyer at the table; a double close keeps it private.
  • FHA / bank-owned and some short-sale contracts can't be assigned.
2

Novation (list it with an agent)

Instead of selling to a cash buyer, you and the seller sign a novation agreement and list the house on the MLS with a novation-friendly agent. A retail buyer pays more; you get the difference agreed in the novation at closing.

Why it fits Toledo
  • Homes sell in about 10 days, so a novation listing should move.
  • Inventory is tight, so retail buyers compete.
How it works

Step by step

  1. Put the house under contract, then sign a novation agreement (attorney-reviewed) that replaces it and sets your share.
  2. Do light repairs and cleaning to get top retail price, if the agreement allows.
  3. List with an agent who knows novations (see the agents on this page) and accept offers with the seller.
  4. Close through a title company or attorney that understands novations; your share is paid at closing.

What you need

  • An attorney-reviewed novation agreement
  • A novation-friendly agent and broker
  • Time: usually weeks to a couple of months on market

Costs

Agent commission and repairs come out of the spread; it usually still beats a cash-buyer price in hot retail markets.

Watch out for

  • Some states see marketing someone else's house as brokering without a license; check the state rules.
  • The seller must understand and agree in writing; be transparent about your role.
  • A slow market means the seller waits longer, so check days on market first.
3

Double close

Two closings back to back, usually the same day: you buy from the seller (A to B), then sell to your end buyer (B to C). Your profit stays private because each side sees only its own settlement statement.

Why it fits Toledo
  • Ohio has wholesaling rules for assignments; a double close is a common way to keep your fee private.
  • Plenty of cash buyers to line up the B-to-C side.
How it works
Wet (funded) double close

You pay for the A-to-B purchase with your own cash or transactional funding, the deed records to you, then you sell B-to-C. Accepted by most title companies and underwriters.

Dry double close

The end buyer's (C's) money pays for your A-to-B purchase in the same session. Many title companies, underwriters and lenders don't allow it, so ask first and get it in writing.

How to get transactional funding

  • Transactional funding is a 1–2 day loan that pays for your A-to-B purchase and is repaid from the B-to-C sale.
  • Lenders usually want: both signed contracts, the end buyer's proof of funds or loan approval, and a title company they approve.
  • Typical cost is a percentage of the loan (often in the 1%–3% range) plus a flat fee, paid from your proceeds. Compare quotes.
  • Line up the lender before you sign the end buyer: send the lender's requirements to your title company and confirm both closings can fund the same day.

Step by step

  1. Sign the seller contract (A-B) and the end buyer contract (B-C) for the same property.
  2. Pick a closer that does double closes (wet or dry) and tell them up front which one.
  3. For a wet close, arrange transactional funding (or your own cash) for A-B.
  4. Close A-B, record the deed, then close B-C right after; the B-C proceeds repay the funding and pay you.

What you need

  • A closer that does double closes
  • Transactional funding or your own cash (wet)
  • An end buyer whose funds are ready the same day

Costs

Two sets of closing costs (and in some states two transfer taxes) plus the funding fee: budget it into your spread.

Watch out for

  • Retail buyers with FHA loans may face "seasoning" rules on a property you owned for only a day.
  • Some states treat repeated double closes as licensed activity; check the state rules.
  • If B-C falls through after A-B closes, you own the house: only close A-B when C is ready.

General education, not legal, tax or financial advice. Rules differ by state; confirm with your closer and a local real estate attorney.

Your marketing isn't the problem. Your market is.

You're paying for mail, PPC and skip tracing, or burning afternoons on cold calls, to lock up deals that won't move. When a market slows down, it doesn't matter how good your contract is. Cash buyers stop answering.

  1. Days on market climbHomes sit 45, 60, 90 days before anyone bites.
  2. Supply piles up5+ months of listings for buyers to pick from.
  3. Prices slipSellers cut, comps drop, your spread shrinks.
  4. Buyers back offYour buyers list lowballs you or goes quiet.
  5. The contract diesOr you assign it for a fraction of the fee.

The fix isn't more marketing. It's a market where buyers are hungry, and five numbers tell you which one that is.

Five numbers that tell you if Toledo will buy your deals

Each faint dot is one of the 500 cities we rank. The pin is Toledo. Locked pins are what members see.

Cash sales: proof the buyers are already here

Thin0–150Building150–500Deep500–1,500

Every cash sale is an investor who closed in the last 12 months. A deep pool means you can build buyer relationships fast, assign in days, and pivot into a new market with confidence instead of hope. A thin pool means you can lock up a great contract and have no one to sell it to.

Members see Toledo's exact cash sales, cash market value and cash buyer rank. Unlock for $29

Stop guessing your market. Pick it.

REI Cash Index puts every number above in front of you for Toledo and every city we track, so you can decide where to pivot with real data. You save on marketing, spend less time talking to sellers you can't help, and sell your deals faster.

  • Cash sales and cash market value for the last 12 months
  • Months of supply, pending and sold listings, worked out for you
  • Cash buyer rank for 2,500+ U.S. cities, side by side
  • Wholesaler-friendly title companies, attorneys and novation agents, with contact details
  • New numbers every month, so you see a market turn before your buyers do

What picking an easier market gets you

  • Lower cost per leadYour marketing lands in zip codes where sellers and buyers both show up.
  • Fewer wholesalers racing youLess competition stealing deals before you get them under contract.
  • Buyers asking for moreHungry cash buyers who want your next flip or rental.

Your first month

$29

then $49 a month

Start for $29

Less than one motivated-seller lead costs in most markets.

What an easier market is worth

Now$15,000
2× in an easier market$30,000
3×$45,000

A year of membership is $568. Doubling your month pays it back 26× in the first month alone.

Wholesaler-friendly title companies & attorneys in Toledo

Ranked by investor points (assignments 30, novations 20, investors / double closes / creative finance 10 each, listings 10). 4 closers · 4 confirmed for assignments · 0 for novations · 1 for double closes

Confirmed Only the business says so No Not confirmed · Verified by: phone call RCI member company reviews forums · Tap a row for the sources.

  1. 1Title company, Hamilton, OH4.5(42)GoogleInvestors (Confirmed: Works with investors; Verified from forums (3))Assignments (Confirmed: Allows assignments; Verified from forums (2))Novations (Not confirmed: Closes novations)Wet double close (Confirmed: Wet double close; Verified from forums (1))Dry double close (Not confirmed: Dry double close)Creative finance (Not confirmed: Creative finance (sub-to, land trusts, contracts for deed))56/100 pts investor points
    Members see this closer's full profile
    • Name, address and click-to-call phone
    • Website, Google Maps, Yelp and BBB links
    • The sources behind every check: phone calls, RCI members, reviews, forum posts
    • Background check: reviews, complaints, forum mentions and red flags

    Get Access Now Member login

    How each check was verified

    • Works with investorsVerified from forums 3 sources · members only
    • Allows assignmentsVerified from forums 2 sources · members only
    • Closes novationsNo source yet.
    • Wet double closeVerified from forums 1 source · members only
    • Dry double closeNo source yet.
    • Creative finance (sub-to, land trusts, contracts for deed)No source yet.

    Background-checked October 2026: 4 forum mentions, no red flags. Members see the full report.

    Your business, or you closed with them?

  2. 2Title company, Cleveland, OH2.0(1)GoogleInvestors (Confirmed: Works with investors; Verified from forums (1); Said by the business only)Assignments (Confirmed: Allows assignments; Verified from forums (1))Novations (Not confirmed: Closes novations)Wet double close (Not confirmed: Wet double close)Dry double close (Not confirmed: Dry double close)Creative finance (Not confirmed: Creative finance (sub-to, land trusts, contracts for deed))48/100 pts investor points
    Members see this closer's full profile
    • Name, address and click-to-call phone
    • Website, Google Maps, Yelp and BBB links
    • The sources behind every check: phone calls, RCI members, reviews, forum posts
    • Background check: reviews, complaints, forum mentions and red flags

    Get Access Now Member login

    How each check was verified

    • Works with investorsVerified from forums 1 source · members onlySaid by the business only 1 source · members only
    • Allows assignmentsVerified from forums 1 source · members only
    • Closes novationsNo source yet.
    • Wet double closeNo source yet.
    • Dry double closeNo source yet.
    • Creative finance (sub-to, land trusts, contracts for deed)No source yet.

    Your business, or you closed with them?

  3. 3Title company, Toledo, OH5.0(15)GoogleInvestors (Confirmed: Works with investors; Verified from forums (1))Assignments (Confirmed: Allows assignments; Verified from forums (1))Novations (Not confirmed: Closes novations)Wet double close (Not confirmed: Wet double close)Dry double close (Not confirmed: Dry double close)Creative finance (Not confirmed: Creative finance (sub-to, land trusts, contracts for deed))46/100 pts investor points
    Members see this closer's full profile
    • Name, address and click-to-call phone
    • Website, Google Maps, Yelp and BBB links
    • The sources behind every check: phone calls, RCI members, reviews, forum posts
    • Background check: reviews, complaints, forum mentions and red flags

    Get Access Now Member login

    How each check was verified

    • Works with investorsVerified from forums 1 source · members only
    • Allows assignmentsVerified from forums 1 source · members only
    • Closes novationsNo source yet.
    • Wet double closeNo source yet.
    • Dry double closeNo source yet.
    • Creative finance (sub-to, land trusts, contracts for deed)No source yet.

    Your business, or you closed with them?

  4. 4Title company, Toledo, OH4.7(77)GoogleInvestors (Confirmed: Works with investors; Verified from forums (1))Assignments (Confirmed: Allows assignments; Verified from forums (1))Novations (Not confirmed: Closes novations)Wet double close (Not confirmed: Wet double close)Dry double close (Not confirmed: Dry double close)Creative finance (Not confirmed: Creative finance (sub-to, land trusts, contracts for deed))46/100 pts investor points
    Members see this closer's full profile
    • Name, address and click-to-call phone
    • Website, Google Maps, Yelp and BBB links
    • The sources behind every check: phone calls, RCI members, reviews, forum posts
    • Background check: reviews, complaints, forum mentions and red flags

    Get Access Now Member login

    How each check was verified

    • Works with investorsVerified from forums 1 source · members only
    • Allows assignmentsVerified from forums 1 source · members only
    • Closes novationsNo source yet.
    • Wet double closeNo source yet.
    • Dry double closeNo source yet.
    • Creative finance (sub-to, land trusts, contracts for deed)No source yet.

    Your business, or you closed with them?

Questions to ask a Toledo closer before you send a contract
  1. Will you close an assignment, and how does my assignment fee show on the settlement statement?
  2. Do you close novation deals, and do you have a novation agreement your attorneys approve?
  3. Wet double close, dry double close, or both? Which transactional lenders do you accept?
  4. How fast is a title commitment usually back, and who orders payoffs and lien searches?
  5. Where is earnest money held, and how fast is it receipted?
  6. Can sellers sign remotely (mobile notary or remote online notarization)?

Know a title company or attorney in Toledo that works with investors? Listed here and something's wrong? Tell us. Businesses do not pay to be listed.

Novation-friendly real estate agents in Toledo

Ranked by investor points (assignments 30, novations 20, investors / double closes / creative finance 10 each, listings 10). 5 agents · 4 confirmed for novation listings

Confirmed Only the business says so No Not confirmed · Verified by: phone call RCI member company reviews forums · Tap a row for the sources.

  1. 1, Toledo, OHNo reviews yetInvestors (Confirmed: Works with investors; Verified from forums (1); Said by the business only)Novations (Confirmed: Lists novation deals; Verified from forums (1))As-is listings (Confirmed: Lists as-is / wholetail; Verified from forums (1))56/60 pts investor points
    Members see this agent's full profile
    • Name, address and click-to-call phone
    • Website, Google Maps, Yelp and BBB links
    • The sources behind every check: phone calls, RCI members, reviews, forum posts
    • Background check: reviews, complaints, forum mentions and red flags

    Get Access Now Member login

    How each check was verified

    • Works with investorsVerified from forums 1 source · members onlySaid by the business only 1 source · members only
    • Lists novation dealsVerified from forums 1 source · members only
    • Lists as-is / wholetailVerified from forums 1 source · members only

    Background-checked October 2026: 5 forum mentions, no red flags. Members see the full report.

    Your business, or you closed with them?

  2. 2Columbus, OHNo reviews yetInvestors (Confirmed: Works with investors; Verified from forums (3); Said by the business only)Novations (Confirmed: Lists novation deals; Verified from forums (3); Said by the business only)As-is listings (Confirmed: Lists as-is / wholetail; Verified from forums (1); Said by the business only)56/60 pts investor points
    Members see this agent's full profile
    • Name, address and click-to-call phone
    • Website, Google Maps, Yelp and BBB links
    • The sources behind every check: phone calls, RCI members, reviews, forum posts
    • Background check: reviews, complaints, forum mentions and red flags

    Get Access Now Member login

    How each check was verified

    • Works with investorsVerified from forums 3 sources · members onlySaid by the business only 2 sources · members only
    • Lists novation dealsVerified from forums 3 sources · members onlySaid by the business only 1 source · members only
    • Lists as-is / wholetailVerified from forums 1 source · members onlySaid by the business only 2 sources · members only

    Background-checked October 2026: 0 forum mentions, no red flags. Members see the full report.

    Your business, or you closed with them?

  3. 3, Toledo, OH5.0(63)GoogleInvestors (Confirmed: Works with investors; Verified from company reviews (1); Verified from forums (3))Novations (Confirmed: Lists novation deals; Verified from forums (1))As-is listings (Confirmed: Lists as-is / wholetail; Verified from forums (1); Said by the business only)54/60 pts investor points
    Members see this agent's full profile
    • Name, address and click-to-call phone
    • Website, Google Maps, Yelp and BBB links
    • The sources behind every check: phone calls, RCI members, reviews, forum posts
    • Background check: reviews, complaints, forum mentions and red flags

    Get Access Now Member login

    How each check was verified

    • Works with investorsVerified from company reviews 1 source · members onlyVerified from forums 3 sources · members only
    • Lists novation dealsVerified from forums 1 source · members only
    • Lists as-is / wholetailVerified from forums 1 source · members onlySaid by the business only 1 source · members only

    Background-checked October 2026: 4 forum mentions, no red flags. Members see the full report.

    Your business, or you closed with them?

  4. 4, Maumee, OH4.9(54)GoogleInvestors (Confirmed: Works with investors; Verified from forums (2); Said by the business only)Novations (Confirmed: Lists novation deals; Verified from forums (1))As-is listings (Not confirmed: Lists as-is / wholetail)46/60 pts investor points
    Members see this agent's full profile
    • Name, address and click-to-call phone
    • Website, Google Maps, Yelp and BBB links
    • The sources behind every check: phone calls, RCI members, reviews, forum posts
    • Background check: reviews, complaints, forum mentions and red flags

    Get Access Now Member login

    How each check was verified

    • Works with investorsVerified from forums 2 sources · members onlySaid by the business only 1 source · members only
    • Lists novation dealsVerified from forums 1 source · members only
    • Lists as-is / wholetailNo source yet.

    Background-checked October 2026: 0 forum mentions, no red flags. Members see the full report.

    Your business, or you closed with them?

  5. 5Real estate agent, Toledo, OH5.0(161)GoogleInvestors (Not confirmed: Works with investors)Novations (Not confirmed: Lists novation deals)As-is listings (Not confirmed: Lists as-is / wholetail)Not verified for investors yet6/60 pts investor points
    Members see this agent's full profile
    • Name, address and click-to-call phone
    • Website, Google Maps, Yelp and BBB links
    • The sources behind every check: phone calls, RCI members, reviews, forum posts
    • Background check: reviews, complaints, forum mentions and red flags

    Get Access Now Member login

    How each check was verified

    • Works with investorsNo source yet.
    • Lists novation dealsNo source yet.
    • Lists as-is / wholetailNo source yet.

    Your business, or you closed with them?

Questions to ask an agent before a novation listing
  1. Have you listed a property under a novation agreement? Which brokerage, and how did it close?
  2. Does your broker allow novation listings, and who signs the listing agreement?
  3. How do you price and photograph as-is properties, and what are typical days on market in Toledo?
  4. Commission or flat fee for investor listings, and who pays it at closing?
  5. Which title company or attorney do you use for novation closings?

Know a novation-friendly agent in Toledo that works with investors? Listed here and something's wrong? Tell us. Businesses do not pay to be listed.

Agents who work with flippers in Toledo

We're still matching Toledo's recent investor purchases to the agents who list and sell them. Check back soon.

Wholesaling in Toledo: common questions

Is Toledo, OH a good place to wholesale real estate?

Yes. Toledo is a A-Tier market (strong market) in the REI Cash Index for October 2026, scored on population, cash sales, days on market, months of inventory and average sale price. Its strength: homes sell fast. Listings average 10 days on market — buyers in Toledo make decisions quickly, so a good contract moves. The catch: competition follows good numbers. Strong markets attract other wholesalers. Expect crowded mail and PPC — differentiate on speed and certainty of close.

How long do houses take to sell in Toledo?

Homes in Toledo average 10 days on market before going pending (October 2026). Under 15 days means buyers are hungry; over 45 days means too much supply and buyers asking for lower prices. Toledo is a thriving market where buyers move fast.

What is the average home price in Toledo?

The average home sale price in Toledo is $132k (October 2026). That is inside the investor sweet spot of $120k to $400k, with room for an assignment fee without pricing out cash buyers.

Are there cash buyers in Toledo?

Toledo has a deep cash-buyer pool based on 12 months of cash home sales tracked by REI Cash Index. That means investors are actively closing here, so you can line up end buyers for assignments. Members see the exact cash sale count, cash market value and rank.

Is wholesaling real estate legal in Ohio?

Yes, with conditions. Ohio wholesaling law: A separate signed disclosure form (from March 2, 2026); the owner may cancel before close of escrow without it (Ohio Rev. Code § 5301.95). This is a summary, not legal advice; confirm with a local real estate attorney.

Do I need a title company or an attorney to close a wholesale deal in Toledo?

Ohio is a title company state, which works in a wholesaler's favor: closings usually run through a title company (escrow), and a wholesaler-friendly title company closes assignments and double closes faster and with less back-and-forth than an attorney. REI Cash Index lists 4 wholesaler-friendly title companies & attorneys in Toledo, ranked by investor points.

Can you do a novation in Toledo?

Yes. A novation lists the seller's house on the MLS and you sell it as-is or after light work, so you need a novation-friendly agent and a market where listings move. At 10 days on market, Toledo is a thriving market where buyers move fast. REI Cash Index lists 5 novation-friendly agents in Toledo.

REI CASH INDEX

Is Toledo your next market — or a trap?

Cash sales, days on market and months of inventory for 2,500+ U.S. cities, ranked for wholesalers and refreshed monthly.

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What do they do for investors?
Works with investors
Allows assignments
Closes novations
Wet double close
Dry double close
Creative finance (sub-to, land trusts, contracts for deed)
What do they do for investors?
Works with investors
Lists novation deals
Lists as-is / wholetail
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