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This Week’s Dream Home

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Thinking big and dreaming big is how you get into something like this. Of course you should run the numbers before you buy and make sure it fits your budget. This pad is on the market for a mere $13,500,000.  Your 20% down payment would be $2.7MM. This leaves you with 10.8MM Financed. The monthly Payment at 6.5% on a 30 year principal and interest is only $68,263.35. So based on conventional thinking, your income in order to afford this has to be approx 4X that amount, or $273,053.39/month. This means you need to be comfortable earning $3.3MM annually to think about a home like this and you had better be able to maintain that level of income on a consistent basis because these homes do not sell fast at these prices. The photo links to the website we grabbed it from (www.dreamhomes.us)

DreamHomes.US

Nice huh?

Written by Seth David

March 26, 2010 at 2:16 pm

Posted in Dream Homes

This Week’s Dream Home

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Written by Seth David

December 12, 2009 at 1:04 am

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This Week’s Dream Home

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Oh my God I completely forgot! Here is this week’s Dream Home:

Figure 1- Los Altos Hills, CA click to go to the site

Written by Seth David

November 24, 2009 at 9:18 am

Posted in Dream Homes

This Week’s Dream Home

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Figure 1 – East Marion, NY

Written by Seth David

November 15, 2009 at 12:43 am

Dream Homes

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Written by Seth David

November 10, 2009 at 12:11 pm

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