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%.
Wednesday, April 22, 2009
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