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A resale home would be a home someone else has owned before. Mostly, it is a home people have lived in whether they bought it new or not. In the past few years, real estate agents have bought homes from the builder, and then have resold them for a higher price later. This includes "flipped" houses, where people restored homes so they could be sold.

Resale homes generally quite old,But mostly old homes situated middle of cities or location. They have higher prices according to new homes. These type of homes customizes by previous owners.resale homes are not charged GSD.

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Q: What type of home is a resale home?
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