Bruce (kor27) wrote,
Bruce
kor27
  • Location: HoD
  • Mood: worried

Sigh.

So I've talked with a quick sales guy. He wants to do a "Subject 2" sale, which - by his description - involves them taking over the payments, fixing up the house, then paying me out of the sale proceeds.

If that's correct, I'm fine. The problem is that their offer on the house is $600K. I owe $550K. That all sounds nice, but I'm going to owe something like $40K in taxes. Which doesn't exactly leave me with a lot to tide me over.

I should perhaps look into other avenues - maybe call my old agent.

Debbie suggested putting it up for auction on eBay, which I'll likely investigate tonight.
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