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winson604 · 04-05-2019, 09:21 AM

Interested to feel what people think of this very common scenario.

- Parents and or Grandparents own a house in Vancouver
- Could get 1.2 - 1.5 million if sold
- Would rebuy and stay in Vancouver, townhome or condo in or around the 800 - 1 mill range

Do people feel that depending on the exact price that possible selling your land for 1.2 and trading that for a 1 million townhome/condo and only banking 200k is stupid? What if it's trading 1.5 for 800k and banking 700k? Does that sound more acceptable and wise now?

04-05-2019, 09:21 AM	#14115
winson604 RS.net, helping ugly ppl have sex since 2001 Join Date: Apr 2004 Location: Vansterdam Posts: 8,281 Thanked 1,954 Times in 1,027 Posts Failed 85 Times in 24 Posts	Interested to feel what people think of this very common scenario. - Parents and or Grandparents own a house in Vancouver - Could get 1.2 - 1.5 million if sold - Would rebuy and stay in Vancouver, townhome or condo in or around the 800 - 1 mill range Do people feel that depending on the exact price that possible selling your land for 1.2 and trading that for a 1 million townhome/condo and only banking 200k is stupid? What if it's trading 1.5 for 800k and banking 700k? Does that sound more acceptable and wise now? __________________ "back at the line to Babych.... LONG SHOT....Potvin had trouble with it....ADAM SHOOTS SCORES!!!! GREG ADAMS!! GREG ADAMS!!"