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Re: If You Plan On Selling Your Home

Posted by GP38/R42 Chris on Mon Feb 27 08:04:38 2012, in response to Re: If You Plan On Selling Your Home, posted by SelkirkTMO on Mon Feb 27 05:44:44 2012.

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It should matter by area. $500,000 in Nassau or Queens for example is far from unusual. That's even on the lower end as far as prices go, even in "not" rich areas. Many elderly bought their homes for like $20,000 and now it's worth way over $600,000. If they retire and want to "move to Florida" or somewhere, this most definitely effects them. It matters in places like Long Island and NYC where the prices are high, even in a not so great market.

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