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I guess you don't realize that closing costs on a home are between 2 and 5% of the purchase price? There's something called the "the five year" rule, which is
by bogomipz 8y ago
I guess you don't realize that closing costs on a home are between 2 and 5% of the purchase price?
There's something called the "the five year" rule, which is generally considered the amount of time it takes to recoup the closing costs of a home purchase [1]
Now add the price of two relocations - moving into the house and moving out of the house.
These folks are like if they net anything more than a few grand on this.
[1] https://moneyning.com/housing/the-five-year-rule-for-buying-a-house/ https://moneyning.com/housing/the-five-year-rule-for-buying-...