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Beyond Tiki, Bilge, and Test / Beyond Tiki / Anyone wanna buy a tikified condo in East Bay?

Post #43285 by christiki295 on Wed, Jul 16, 2003 8:30 PM

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DanceGirl299:

Have you considered refinancing which could substantially reduce your monthly rate and possibly enable you take receive a cash advance.

Also, have you considered the possibility of a roommate or of renting out the entire condo and renting. (It seems a shame to loose whatever equity you have, the cash you paid for closing costs and return to paying rent, instead of gaining equity by a mortgage payment.)

Lastly, and I'm no tax expert, but is there an issue that you would have to pay tax on the proceeds [which will be reduced by the 8%(??) cut the brokers receive] if you do not purchase another realty within 12 months?

Good luck.