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Sellers sometimes borrow against the equity in the home they're about to sell.
Some want the cash for pre-marketing preparation. It can happen that a loan turns out to be a better solution than a sale. It pays to think things through with the right help. The 1031 Exchange is a way for investors to save tax dollars when selling and buying property. Excellent on-line information and full support for this process is available from a firm named Realty Exchangers.