Wednesday, April 22, 2009

Condo Buy Back Guarantee

With home builders needing to sell inventory to keep their companies running, one company that is converting apartments to condos has come up with their own program: Buy now and in 5 years, we'll buy it back from you at 110% the purchase price no questions asked. Between the fear of job loss and knowing that home prices will still probably continue to decline, this is a great marketing tactic as any home bought today will most likely be worth more than 110%.

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