LOL you guys crack me up... will look forward to the dream home visit!
Coffee Break #29 - Halfway through January
I'll let you know, Allison. ^_^
And with that extra $500K, I'll have enough money to pay for tickets for anyone wanting to come for the RU!
Karen
Ha! That $500K plus more will be going to Uncle Sam.
This is the first year, I'm NOT entering the HGTV sweepstakes. Not my style. My favorite one was the one in Lake Lure, NC a few years ago.
I'm going to win it anyway, so no sense the rest of you entering. It's not my style either. But there must be at least some profit to be realized if you sold it, now that there is cash attached to the deal.
There was always profit in it - almost every one has been sold. The income and property taxes are way too high to keep.
I don't remember them offering cash before though. I remember people said they had to sell the houses to pay the taxes. Was there a cash offer attached before?
Cash has been added the past few years, but that also adds to the total value of what you owe taxes on.
Thinking more realistically...
I want this house!!!
http://www.realtor.com/realestateandhomes-detail/2-Wingate-Ct_Allentown_NJ_08501_1113438012
Nice, except for the pool. ^_^
I would lose the awnings.
I agree with you, Victor about the upkeep and property taxes being way too high. I would like a much larger piece of property with a less expensive house, so I would sell it, too. It is my style, but I don't need something quite that big, and definitely not that expensive.
No, Jen, definitely not my style, and not enough property with that one. I would rather be further out in the country.
Karen
Here's a place in NM that I liked. The price is good and taxes are low. Has 5 acres and views. A lot of potential.
http://www.coldwellbanker.com/servlet/PropertyListing?action=detail&ComColdwellbankerDataProperty_id=78694128&page=property
Karen
At least 500K would give you a couple hundred thousand to work with. If some of the previous winners only had say 5,000 in the bank, where would they go with one of those homes. The cash might give them some needed time to get taxes figured out, and get the property listed for sale.
Nice views on that house, Karen
You got that right, Polly. Whatever's left over from the cash after taxes would go to pay the taxes on the cost of the house and the car. I'd end up selling both.
Karen
For years I wanted to move out to the middle of nowhere, but now with kids that are 7 and 3 I'd like some other kids around for them to play with. I'll buy my house with acreage when they are out of the house.
That's a nice one, isn't it, Jen? If I won the dream home I'd sell it and buy something like this. Then I'd have plenty of money left over.
Karen
I don't have kids to worry about, and now I'm getting started in a home based business where I'll be able to live anywhere I want and not have to commute to a job, eventually, that is. We will see.
Karen
My brother lives in NM & I consider it too darn hot. Never mind AC, I would like to garden & don't want to wake up at 5 am to do it.
Lucy votes no, LOL.
You bet.
Was thinking the same thing Sherrie!
The total value of the prize is over 2 million, so there will be nothing left of the cash after paying income taxes (don't forget the state too). You have a year to sell before owing the taxes so there is no immediate rush.
What's annoying is that there are often rules that will not allow you to rent. That's the only way I could see being able to keep it.
big election here today - and as anyone from MA here can tell you regardless of who they will be voting for it will be nice not to have 8 - 10 political phone calls a day, 2 -3 of them pollers - I've had a couple hang up on me when i ask them what polling organization they are calling from and where, which i thought strange - and the TV stations are going to miss selling ad time - we have been inundated!
and i have never seen such shameless negative ad's by the leading party in MA - probably will cost their candidate the election
Speaking of polling my husband got one from the Gallup Pole the other night. I said to him "how did they get your name"? Hes not registered to vote and basically dont exist in anything. He gets no junk mail - nothing. Well - unemployment STILL.
Jan 1st turned into Jan. 18th and the 18th turned into the 25th and he still aint got a call.
Talk about feeling comfy!
http://apnews.myway.com/article/20100119/D9DB1VNO0.html
Sometimes they get your name from taxes or having a driver's license... I heard...
We saw the Olympic torch run by last evening. It was very cool.
How funky weird is that! Obviously I was thricely excited ^_^
edit: over even quadrily excited
This message was edited Jan 19, 2010 4:33 PM
how cool was that dnut?
Circled around the house???
Did I mention that we saw the torch yesterday and it was cool? Ran by on the main road. I didn't even think it was going to be near us which is why it was quadrily exciting. I SHOULD have done my Gardener's Tribute to the Olympics Dance for the torchbearer now that I think about it! ps I'm SO hoping this doesn't quadruple. Was there a shift in the matrix today that I missed?
Should have run after it to toast your buns!
For gardeners who are ambitious...and very, Very patient.
pooktre.com
(Sorry, I don't know how to make it "clickable.")
have to have the http part there
http://pooktre.com/
Thanks!
Very cool website.