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Discounts Don't Equal Awesomeness

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Hottest broker alum Sam DeBord made a point on his blog yesterday that sounds really ridiculously obvious, but actually kind of isn't: just because the discount on a house is massive doesn't mean the house is any good! Just like a pair of Louboutins at 80% is probably totally messed up and maybe fake, a house that's been price chopped a bunch might kind of be a lemon. This surprisingly logical conclusion was brought to you by Seattle Waterfront Real Estate Blog. [SWREB]