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Real Estate
Reply to "please help me understand something about selling"
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[quote=Anonymous]I think you'll be waiting a while OP. Our next door neighbors bought in 2004 (on the way up) and we bought in 2007 (on the way down) - the identical townhouse. Similar houses on our street are currently selling for roughly 10% less than we both paid, and that is BEFORE you pay the realtor/closing costs. Neither of us will be selling anytime soon and even breaking even, let alone clearing money after realtor costs. But good luck to you![/quote]
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