A million dollars are a million dollar house.
2007-09-09 11:06:52 · 13 answers · asked by lovely lady c 1 in Business & Finance ➔ Personal Finance
Real estate is getting killed in most markets so I'd rather take the money in most situations.
2007-09-09 11:11:49 · answer #1 · answered by alfonsopaul 2 · 0⤊ 0⤋
I'd rather have a million dollars as opposed to a million dollar house......with a million dollars I could invest a great deal of it and make more money and still have a nice house; but with a million dollar house (even if it's paid off) you'll still have a HUGE property tax bill and depending on where it is and the size, you'll also have an enormous energy bill....so yeah, definitely the money!
2007-09-09 11:14:25 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I would take the money since a million dollar house would be expensive to upkeep and the cleaning....no way. With a million dollars you could buy a reasonable house [$150,000 in my area for a three bedroom bungalow in the city] and invest the rest.
2007-09-09 11:14:47 · answer #3 · answered by tallencanada 2 · 1⤊ 0⤋
I'd take the million cash, and go shopping for a fixer upper that needed a little TLC and would be worth more than my million with a little work.
Then I'd probably turn around and flip the house, FBO.
Ken Clark
Certified Financial Planner
2007-09-09 12:11:20 · answer #4 · answered by Anonymous · 0⤊ 0⤋
you could have a million dollar house with a million dollar mortgage and be worth zero - I'll take the cash
2007-09-09 11:13:37 · answer #5 · answered by Anonymous · 0⤊ 0⤋
I would rather have the million dollars and invest it so I could make more money.
2007-09-09 11:12:34 · answer #6 · answered by bookworm 5 · 0⤊ 0⤋
I'd rather have a million M & M's
Think of the friends you'd make with all those treats.
2007-09-09 11:11:23 · answer #7 · answered by Anonymous · 1⤊ 0⤋
The money. If I had the house and not the money, I could not afford the taxes on the house. If I had the money and not the house, I could buy a less expensive house, pay the taxes, and still have money left.
2007-09-09 11:53:33 · answer #8 · answered by StephenWeinstein 7 · 0⤊ 0⤋
i could extremely have one residing house it fairly is a sprint smaller than those you pronounced it fairly is properly provided to make it a million money. no use having 3 properties...except you're retired and could shuttle at will, then i could take the three.
2016-10-04 06:59:50 · answer #9 · answered by ? 4 · 0⤊ 0⤋
Make mine the $1M cash ,
Other peoples idea of the $1M house usually leave me asking ,
What were they thinking ?
Just because someone builds a $1M house , does Not mean it is quality construction ,
And it is Never the layout I want ( nor the flooring , nor the fixtures , nor the landscaping . . .)
Give the the $1M cash , I'll build my own .
>
2007-09-09 11:17:48 · answer #10 · answered by kate 7 · 0⤊ 0⤋