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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: get shorty who wrote (7002)11/21/2002 6:04:51 PM
From: MulhollandDrive of 306849
 
>>Does that sound accurate? I thought I was familiar with most of the costs associated with the buying/selling of a home. I can't come close to coming up with 20% in transaction costs.<<

since you can escape taxes on $500k of the sale of a primary residence ..$250k for singles...

i'm not sure how the writer comes up with 20% either.

you have your fees associated with the realtor or attorney , and of course moving expenses, but 20% sounds high to me too.

it would nice when a writer makes such an assumption, he would break it down and "prove" it.
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