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$88K is fantastic for what you describe; you indicate the neighborhood is nice and schools excellent...
Before signing though, check out how many houses in the surrounding area are currently in / been sold due to foreclosure.
Also, are many people in the area employed by only a few large, vulnerable employers, such as auto manufactures / suppliers.
If there are / end up being a lot of foreclosures in the area, even $88K may be too much.
Ron
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Domagon - Website Management and Domain Name Sales
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