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My cousin is trying to sell his house in florida, asking $200k he paid over $400k a year ago for it! and nobody is even looking at it!
Hey dirtybug, I don't know how I missed your comment. But, Where is this house? Asking half of what he paid sounds a bit extreme. Is he selling fsob?
I'm not sure what fsob is, but he bought his house (ft meyers ??) at the height of the housing boom. the market has since crashed down there, add to that a huricane or two and nobody is buying or willing to pay top dollar. The city also decided to put in public water and sewer at a cost of around $20k per household. Its a beutiful house with a screened in pool room, big yard, newly renovated.