What is Teardown?
1.
A house purchased to be demolished where the land is used to build a larger, more expensive house. Teardowns are purchased because the land they sit on is worth more without the house.
My parents house in the old neighborhood is worth $600,000 but it would definitely be a teardown.
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The most hypocritical of the bunch. One who goes to church on a scheduled if not daily basis, but once church is over, its back to the r..