View Single Post
 
Old 03-09-2013, 07:21 AM
graciegirl's Avatar
graciegirl graciegirl is offline
Sage
Join Date: Mar 2008
Posts: 40,008
Thanks: 4,856
Thanked 5,507 Times in 1,907 Posts
Send a message via AIM to graciegirl
Default Can you sell a house here that is less than a year old and make a profit?

I like to browse the resales on Thevillages.com and this morning I saw a house for sale in Sanibel that was purchased in November of 2012, less than one year old. I looked to see what they paid for it on sumterpa.com and it was less than what was being asked for it by about 15K.

I thought you weren't allowed to sell a home that was less than a year old and make a profit and if you did the builder would get the profit or something like that.

Has this changed?

Or could they have added some upgrades to it and you are then allowed to add those items to the sale price?

I thought that something was in place to discourage flipping of new homes.
__________________
It is better to laugh than to cry.