Why Selling Your Home for Half Its Value Might Make Sense
May 05, 2022•16 min
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Episode description
Retired preschool teacher Bobbi Loeb decided to sell her Point Reyes home to a land trust for $550,000 — only about half its $1M value. Chronicle reporter Lauren Hepler joins host Cecilia Lei to explain why the arrangement is a solution for affordable housing, and the benefits it provides to homeowners.
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