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Real Estate
Reply to "Anyone Sell Recently for Less than or Marginally More than you Paid?"
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[quote=Anonymous]I am sticking with the condo. We bought it in 2006 for $440 and now we could get around 370k for it, maybe 380k. We own the bank 318k at this point but I feel sick thinking of the loosing all the money we put into it. Anyway, we are in the process of looking for a SFH (forever home) and we would need to put roughly 50k more into the condo in order to qualify to a second mortgage. It is not DC, but it is a somewhat desirable neighborhood (I love it!), 3bd, 2bth, first floor condo. So, I do think we can get enough from rent to at least pay the mortgage and condo fee. What do you all think?[/quote]
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