Senin, 11 Januari 2010

How to lose money in real estate

12008 Thornbrooke Ct., Bristow, VA 20136

June 12, 2006 purchase price: $619,000
Current list price: $324,900

That's a loss of almost $300,000 in 3½ years!

If the house is in good shape, it may be a good deal.

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