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04-04-2009, 08:12 PM
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Very Happily retired
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Join Date: Jul 2006
Location: Tampa Bay,FL
438 posts, read 433,507 times
Reputation: 289
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In this economy,will this sell?
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04-04-2009, 09:38 PM
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Senior Member
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Join Date: Apr 2008
209 posts, read 123,460 times
Reputation: 78
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Quote:
Originally Posted by Annie of Oldsmar
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My guess is that the people who could afford a 25 million dollar house prior to the current downturn can probably still afford it.
I doubt anyone in the market for a 25 mil house was thinking carefully about buying it because they could only barely afford the payments. I just don't think that crop of people makes decisions at the margin like the rest of us. You know, for us, life is all about decisions such as "should I take the family on the caribbean cruise, or should we put a new roof on the house." |
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04-04-2009, 10:13 PM
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Senior Member
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Join Date: Sep 2007
Location: Nashville, TN
1,948 posts, read 1,211,466 times
Reputation: 512
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I'm sure a Buccaneer will own it soon...
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04-04-2009, 11:42 PM
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Senior Member
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Join Date: Dec 2008
Location: Katy, Texas (via Clearwater, Florida)
144 posts, read 78,248 times
Reputation: 46
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I'm not sure how long it would take to sell, but the realtor will be very happy when it does. The commission would $1.5 million.
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04-05-2009, 11:00 PM
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Senior Member
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Join Date: Jul 2007
Location: Tampa Bay
1,334 posts, read 1,038,910 times
Reputation: 260
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Quote:
Originally Posted by TNRyan23
I'm sure a Buccaneer will own it soon...
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Maybe our first round draft choice - really, I don't think we have any players that could afford it. Maybe Derrick Ward or Antonio Bryant. Maybe the Buc owners (Glazers). |
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04-06-2009, 08:45 PM
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Senior Member
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Join Date: Nov 2007
Location: Imaginary Figment
5,198 posts, read 1,610,125 times
Reputation: 1483
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It's only 126,000/month. If you went with a zero down ARM I bet you could get it down to about 110,000/month for the first five years. You can invest that extra 16k/month in Nigerian bonds and in five years you can pay the house off, and retire in style. It's that easy!
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04-06-2009, 08:51 PM
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Senior Member
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Join Date: Apr 2008
Location: Wesley Chapel, Florida
194 posts, read 114,104 times
Reputation: 64
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So if it's 126,000K a month....and you rented out every room (ten bedroom) except for yours, for round 14K a month then you could live there for free.
So find 9 of your well employed friends and there you go!
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04-07-2009, 12:46 PM
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Moderator
Status:
"nice and toasty by the fire"
(set 1 day ago)
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Join Date: Jan 2007
Location: foothills of the Appalachians
7,932 posts, read 5,336,875 times
Reputation: 3157
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I might be interested if that amount includes Property Tax and HOI. 
__________________
If you change the way you look at things, it will change the way things look. - William Dyer
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Post link not copyrighted material
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04-08-2009, 01:26 PM
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Senior Member
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Join Date: Aug 2008
149 posts, read 84,725 times
Reputation: 61
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Quote:
Originally Posted by Annie of Oldsmar
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