Quote:
Originally Posted by graciegirl
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 and it was less than what was being asked for it.
I thought you weren't allowed to sell a home that was less than a year old and make a profit.
Has this changed?
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I think there are some legit exceptions, like a death in the family. And of course after they pay closing costs and sales rep fees they may be loosing money.
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New York, California, Pennsylvania, Florida
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