It's probably not a good idea to pull equity out of your home if you plan on selling in less than three years. It's not this white-hot market anymore. Houses stay on the market longer, you have fewer buyers, and having that price leverage is very important. Price really appeals to the market the most.
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Kitchens generally tend to recoup their cost, and bathrooms too. Those are widely appealing to the marketplace, and they tend to be more standard in form. Things that are very idiosyncratic and are customized to the homeowners' individual tastes--they don't appeal to a wider audience.
Delores Conway
It's the long-term impact stuff we have to worry about.
Delores Conway
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