Agent

Realize retirement with real estate IRA

Investment strategy can help some buy low, sell high
Published on Aug 11, 2010

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by CareyBot

The recent national story about a $12 million sale of waterfront mansion listed for $40 million six years ago sparked some interesting comments and questions from our adult children at Sunday night dinner.

They wondered about the market and considered real estate as an investment, and calculated the number of individuals who could afford ultrapriced homes and the possible mortgages that might accompany those residences.

"I don't know anybody who could take a $28 million hit."

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