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Money and Markets: Investing Insights

Condo Developers Sweeten The Bait

Soon after Bryan O’Keefe popped the big question to his girlfriend, Kimberly Hall, the newly engaged couple began looking for a home to call their own.

They quickly spotted a two-bedroom condominium they liked at the Four Winds at Oakton for $345,000, about $30,000 less than the original asking price. The deal got even sweeter when the developer offered to give back 6 percent of the sales price, or about $20,700, which the couple used to pay closing costs and other fees.

Click here to read the full story:

http://www.washingtonpost.com/wp-dyn/content/article/2006/12/01/AR2006120100017.html

 

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