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Buy a house in MD, get a car.
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mike weber  
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 More options Jul 20, 7:10 pm
Newsgroups: rec.arts.sf.fandom
From: mike weber <fairport...@gmail.com>
Date: Sun, 20 Jul 2008 19:10:51 -0400
Local: Sun, Jul 20 2008 7:10 pm
Subject: Buy a house in MD, get a car.
{quote}

Buy a house, get a car

Easton, Maryland (CNN) -- New appliances and vacation packages aren't
unusual giveaways in the housing slump, but one woman is taking the
unorthodox step of throwing in a car with the purchase of her home.

Catherine Poe is throwing in a Toyota Prius hybrid with the sale of
her renovated Maryland house.

"My daughter came up with the idea," Catherine Poe said. "We're losing
money on the house, and the Prius only adds to losing money, but we
also realize it's time we really got to sell the house."

Poe and her daughter bought the 1907 three-bedroom colonial in Easton,
Maryland, in 2005 as an investment property.

In the past, the pair has bought two historic homes within minutes of
Maryland's shoreline, renovated and resold them during a red-hot
housing market.

Poe said she and her daughter bought this house for $335,000, spent
$300,000 restoring it and were hoping for a $40,000 profit when they
first put it on the market.

But after more than a year of trying to sell it, taking it off the
market and putting it back on, they say they're ready to cut their
losses.

{end quote}

{more}
http://www.cnn.com/2008/LIVING/07/19/house.car/index.html?section=cnn...


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