Where else can you buy a $13.3 million dollar home for $100
January 28, 2009 by kellys
Filed under celebrities
Turns out, Lehman Brothers former CEO, Richard Fuld, and his wife sold their mansion in Florida, reportedly worth $13.3 million for only $100. Now that is a deal of all deals. I am sure the lady that was able to buy the home didn’t have to ask for a mortgage to buy it, but I am curious to see what her taxes will be. HEEHEE
According to the article at NY Daily, he might have been trying to avoid it being taken in lawsuits dealing with the collapse of Lehman Brothers and the executive’s involvement in it. Either way, it’s an …read more
Rent Vs Buying a home can make you money in the long haul
February 17, 2007 by kellys
Filed under blogs, budget, frugal living, money saving idea, saving money
I found a great post at Best Homes in Broward, a real estate site in Broward County Florida that reminds us why it is better to buy a home and enjoy the fruits of building up equity rather than rent for a long period of time and waste your money. INHO, you work too hard to earn your money than to waste it on renting for the long term. Renting is fine when you are learning the area. But once you have figured out what you want and where you want to live, I recommend buying. You build up equity …read more
