Wexford: interesting terms on house for sale

http://www6.comcast.net/news/articles/odd/2007/10/29/ODD.House.Death.Refund/?cvqh=heard_sellers

When the sellers die, you get a full refund.

i saw that on the news… nice concept :hsugh:

i saw that

they need a link to the house… id move and let them stay.

http://www2.county.allegheny.pa.us/RealEstate/General.asp?CurrBloLot=1348E00002000000&Name=Husick&SingleResult=True

According to interest.com, at 6% (30 yr), you would pay $464,000 in mortgage interest. And you would get $400,000 back. Sounds like a really good deal, actually. I wonder how long it will take them to sell.

f the buyer agrees to care for the couple in old age, he could also inherit their retirement home in Arizona.

“Why not go for the works? So if we’re worth $2.5 million, you get it all,” said Husick, 55.

Not my kind of houose, but I’d go for it.

he’s priced reasonably compared to what the other homes on his street have sold for… but this is probably his best exposure to date. He hasn’t tried listing the house with an agent yet, only FSBO… which just doesn’t work too well in the Pittsburgh area, our market isn’t hot enough, and there really isn’t enough demand on the market to drive a fsbo market…

maronda home

FTL. Most cheaply built houses in the area.

that guy goes to my gym. i never knew he had so much money. he drives a plain murano…go figure…

Ahahahahaha. I found out tonight that he’s my girlfriend’s neighbor. He’s a creepy bastard.