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check paper work


Posted by dave on January 21st, 2005 03:56 PM
In reply to Buying a foreclosure by ladyworker on January 21st, 2005 03:15 PM [Go to top of thread]

usually you need to live in the house as a primary residence for a year in many places to avoid capitol gains.

and check the papers carefully to see that there are not any outstanding leans on the property ,as well as any open building permits, or uninspected building permits.

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