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In 2011, Allison and Doug Gumbs, of Washington Crossing, Pennsylvania, bought their second house, in Avalon, New Jersey, taking advantage of low interest rates and a time when the market was particularly floundering. Allison Gumbs says that their three-bedroom and one-bathroom house was "a major fixer-upper, though down there they call it a 'tear down,' meaning it really just was sold for the ... Read News
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