I need to sell my financed condo purchased one year ago. If I I sell for $100,000 can I make a profit?

(0) | asked by: Ellarea Stansbury | share | 7 hours ago | Report
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Emily Miller
answer by Emily Miller   
It depends upon the home value like it should be near to the public schools, Transit, hospitals, neighborhood, Location, Age, Market condition, Home renovation. Give a simple conversation with Real estate agents they will tell you clear idea and goal.
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answer by Benjamin McGann    |   Contact Me
In short, it depends. It depends on how much you owe on your mortgage and if the market can support a sales price of $100k. If you can contact me , I can work up a complete estimate on what your proceeds will be if you sell. Best Regards, Benjamin McGann ReMax First Choice
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answer by Bob Wiley    |   Contact Me
It depends on how much you owe on the loan, if you owe more than $100k, you will not make a profit.
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answer by Bob Wiley    |   Contact Me
depends on how much you owe on the condo
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