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12110 : Real Estate Advice

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  • Home Buying3
  • Home Selling1
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Activity 4
Wed Jun 20, 2012
Marie Souza Team answered:
Well ask your agent to get you specifics in writing. Here, they require homeowners to document oil tank removals.
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Tue Mar 13, 2012
Christopher McCabe answered:
George,
Feel free to contact me so I can further discuss your situation. Chris McCabe 518-378-8756
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Tue Mar 13, 2012
Debra (Debbie) Rose answered:
Hi Iahmed

If you sold after living in the house for 1 year at the same price you paid, you would basically get back your 20% downpayment of $60,000, plus a little more that was paid off towards the principal over that 1 year period. I don't have those exact figures, but it might be a few thousand dollars (rough guess - $3000).

That's all the equity you'd have.
Keep in mind, if you listed with an agent, and had to pay a commissiion, obviously, you'd have to subtract that commission and any other closing costs to come up with a final figure.
... more
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