re: Borrowing money from 401k...how does this work usually?

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so, be a little careful. Not with the builder necessarily, but I have seen time and time again where the neighborhood doesn't fill but the sign out front still says *starting in the 225's or whatever. Then a few years later someone sells for whatever reason and they can't even get the new build price and values fall.

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This exact thing happened to my current house and is the only reason I'm still in it

It has recovered about to what I paid for it but I thought i would have some appreciation after 7 years.

Live and learn