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 interesting story.
I believe I heard on the news last night that she is trying to sell it now because of the taxes. Any price she gets is more than the $100 she paid to get it.
The taxes on our home is ridiculous as well. But you would have thought she would have thought of that. But then again it would be the ultimate flip!