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Old 04-24-2007, 03:06 PM   #5
jsarno
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Join Date: Mar 2004
Location: 31 Spooner St.
Age: 51
Posts: 9,534
Re: Real Estate Advice

Quote:
Originally Posted by canthetuna View Post
I'm excited. I close this week on my new house and were spending 280k. Our appraisal came back at 370...

I know its a weak market here, but its nice to know Im starting out with a little bit of equity, according to all comps and data...

WOW...that's a great deal for you.
Fix it up a little, add some things here and there that make it more appealing to others, and you could easily get a return of 100-120k. Congrats man, you hit the jack pot there!
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