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by dragontamer
1835 days ago
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Old retired couple have a 6-bedroom house for their former 4-kids (+masters bedroom + guest bedroom). All their kids have moved out, and they're tired of vacuuming so many empty rooms. They want to move to a retirement community. New up-and-coming couple not only have 4-kids, but one more is on the way. They suddenly got an opportunity to work in... Chicago (or insert any other city here), and are looking for a new home to raise their kids in. ----------- The old-couple will likely be willing to sell the house below market value, while the younger couple may be stressed out and otherwise willing to pay above market value. Clearly, value will be created as the new couple buys the home from the old couple. The majority of transactions between rational individuals are of this nature. The only detail remaining is how to proceed with negotiations, but assuming they're rational, the two sides will come to a price point that's favorable to both sides. |
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