My parents have 70K they received from selling their home a few years ago. They are interested in purchasing a townhome in the near future. Where would be the best place to park this until they find what they want? They will be particular in what they choose and where it will be located, so no one knows the length of time this will take. I am sure they will use the full amount for a down payment so it will need to liquid. Any opinions? Thanks in advance.
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