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House owners, made a profit?
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[quote][i]Originally posted by Colin[/i] [quote][i]Originally posted by Rachael 1985[/i] We paid £96,000 in May 06 and we haven't really done much but if we sold it now we could get up to £110,000. So don't know whether thats just cus the house prices have risen in the last 12 months. :lol: [/quote] Yeah most of the time it will be, making any 'profit' is unreal thinking because while your house has raised in value by £14k the house your moving to will have raised at a similar % over the same time. Only way its going to make you a profit is 1. if you downsize 2. sell the house completelly to live with someone else, or 3. If you paid under the going rate like I did & made it more valuable. [/quote]
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