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Real Estate
Reply to "Want to downsize-Sell and take loss but save, or wait for appreciation?"
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[quote=Anonymous]If you leave a house with a dated kitchen and bath for a townhouse with new finishes, then you are just buying into another depreciating asset. You have to be willing to update the inside of the townhouse, or you will be losing money again when you sell a dated townhouse a few years down the line. Make sure that you aren't just moving for new and shiny. It's cheaper just to update your current place.[/quote]
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