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Fifth & Mission

News:Politics

Why Selling Your Home for Half Its Value Might Make Sense

2022-05-05

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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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