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Reply to "Can We Afford a $1.5MM Second Home?"
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[quote=Anonymous]My net worth is about 1/2 yours and we bought a $1.2M second house. We have a mortgage on it but are paying it off to coincide with retirement. My only concern with Naples is the fluctuation of value. It's better than other parts of FL, but you do need to be prepared to lose some of the value. If it's a long term home you don't really need to worry about that though.[/quote]
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