Expert, localized Los Angeles answers provided by Heather Roy

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Selling After Six Months

  My husband and I bought our first home about 6 months ago, thinking that we would be settling in the area for at least a few years. We have now decided to relocate for better career and education opportunities. How bad of an idea is it to sell after only 6 months?
 
  My guess is that given the legal costs of buying and selling, you'll be out some money.   I hope your mortgage doesn't carry a pre-payment penalty; not too many do these days.  But there's no point in staying there if it doesn't suit your future plans.  Good luck to you.
    Edith
Originally published on February 8, 2008
 
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