The Residential Real Estate Crash Index Message Board

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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: MulhollandDrive who wrote (79562)	6/15/2007 10:39:53 AM
From: Think4Yourself	Read Replies (1) of 306849

re: sellers will SPEND money to get their price Dumb! Realtor commissions, taxes, property taxes, etc based off of sales price. Sellers spending time and effort as well. Both sides lose. If the seller held the house less than two years then seller is effectively double taxed on improvements. Made improvements with after tax dollars to get selling price up, and then pays taxes again from profits of sale. When it comes to financial matters Americans in general are sadly lacking in reasoning ability.

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