Has anyone registered to win it? I haven't but I may put my name in once. I am a bit curious on what the annual taxes are on a house that's over $2,000,000 in Martha's Vineyard. I would have to take the cash option prize. I doubt my annual take home pay is even enough to pay the taxes on that house.
Has anyone registered to win it? I haven't but I may put my name in once. I am a bit curious on what the annual taxes are on a house that's over $2,000,000 in Martha's Vineyard. I would have to take the cash option prize. I doubt my annual take home pay is even enough to pay the taxes on that house.
I haven't registered, probably should. You are right about the taxes. The property tax is probably upwards of 20K/year.
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Sometimes you're the windshield, and sometimes you're the bug.
A few years ago they built a dream home near Hilton Head. They had tours before the drawing, but it was $20 a head just to get inside. The community was supposed to be this grand self sustained community. The whole development tanked. There were maybe a dozen homes there out of thousands proposed. I bet the value went down 50% or more after the person won it. One of the nurses lived there, it was her parents'. I went to a party there once. It was so weird, it was like a huge empty ghost town. It was a good party because we could be as loud as we wanted since there were no neighbors. We played cornhole in the middle of the street for hours and no one ever came by.
-- Edited by Southern_Belle on Sunday 8th of February 2015 07:42:28 PM
There's a cash option? That's a nice change. I might take the house, though, to vacation in at least once and then sell it. And I can't help but think that house on Martha's Vineyard would sell for way more than 1.7 million.
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LawyerLady
I can explain it to you, but I can't understand it for you.
A few years ago they built a dream home near Hilton Head. They had tours before the drawing, but it was $20 a head just to get inside. The community was supposed to be this grand self sustained community. The whole development tanked. There were maybe a dozen homes there out of thousands proposed. I bet the value went down 50% or more after the person won it. One of the nurses lived there, it was her parents'. I went to a party there once. It was so weird, it was like a huge empty ghost town. It was a good party because we could be as loud as we wanted since there were no neighbors. We played cornhole in the middle of the street for hours and no one ever came by.
-- Edited by Southern_Belle on Sunday 8th of February 2015 07:42:28 PM
I would try to stay in once but I would have to sell it.
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A flock of flirting flamingos is pure, passionate, pink pandemonium-a frenetic flamingle-mangle-a discordant discotheque of delirious dancing, flamboyant feathers, and flamingo lingo.
I would take the cash option. Sure it is less than the homes value, but I wouldn't want to risk the house not being an easy sale, and being stuck with it for awhile.
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"I have a very strict gun control policy. If there's a gun around, I want to be in control of it." - Clint Eastwood
We would like to eventually be part of the tiny home community. I don't find big houses appealing. Plus, I have to go through every room, every closet, look under every bed & behind every shower curtain before I go to bed. You never know if someone is hiding and waiting to kill you in your sleep. It would take me two hours to go through a home of that size!
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I'm the Ginger Rogers of spelling...that means I'm smat.
Lesson learned in February: I don't have to keep up, I just have to keep moving!
The way I see it - you immediately put the house on the market. You go vacation there a couple of times. You keep the furnishings you like and auction of the rest or sell it with the house.
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LawyerLady
I can explain it to you, but I can't understand it for you.
We would like to eventually be part of the tiny home community. I don't find big houses appealing. Plus, I have to go through every room, every closet, look under every bed & behind every shower curtain before I go to bed. You never know if someone is hiding and waiting to kill you in your sleep. It would take me two hours to go through a home of that size!
When I was younger, I had to check every window & door before I went to bed. Dad always worked second or third shift.