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 Here’s how and why overseas property can fit into your big-picture financial plans. fizkes / Shutterstock.com

John Rohan presided over the auction for our home in Waterford, Ireland. A monitor on the wall showed the auction room itself, where we’d watched, starting an hour earlier, as Mr. Rohan had opened bidding for our Lahardan House before a crowd of about three dozen. John had prepared us by explaining that most in the room would be bystanders, there just to see what the house might sell for.

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