Quote:
Originally Posted by graciegirl
You are correct as usual Boomer. It is one year. There is a penalty for selling at a profit in less than one year..
Recently I went to see a home that was up for resale that was a year and some days old. I could not see any appreciable improvements, a pool, etc. The owner had the one year old house for sale for 125K more than he/she paid for it. Not furnished. Yes.You read right. One hundred and twenty five thousand dollars more than it was purchased for.
Hmmmmm.
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GG, is it FSBO? Bet seller doesn't get his/her asking price.