Instead of Renting….

In December I wrote about Julio Iglesias tearing down his mansion after it didn’t sell for three years. Instead of renting, he decided to just buy another home in the same neighborhood, to keep close to the new home he is building on the lot. At a cost of $7 Million, I have to wonder if he plans on keeping this home after completion, or selling it. I bet the homeowner he bought from never though Mr. Iglesias would come knocking. Then again, a sign of a good real estate agent is to see opportunity and network with neighbors when a home comes onto the market.

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