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| Version | User | Scope of changes |
|---|---|---|
| Nov 5 2007, 12:11 AM EST (current) | adamkatz | 93 words added |
| Nov 5 2007, 12:09 AM EST | adamkatz |
Changes
Key: Additions Deletions
The $3000 share price was come up with this way:
$2700 per person for a 50% downpayment on the island.
$50 closing costs.
$50 title search (approx.)
$10 for three month severance for island housekeeping staff (It would be terrible if the very first thing we did by moving down there was to deprive a Nicaraguan family of a living. This will in part make up for that.)
That leaves $190 per owner, or $19,000 total as a buffer. The price of the island is "negotiable", so the buffer should actually be higher.
$2700 per person for a 50% downpayment on the island.
$50 closing costs.
$50 title search (approx.)
$10 for three month severance for island housekeeping staff (It would be terrible if the very first thing we did by moving down there was to deprive a Nicaraguan family of a living. This will in part make up for that.)
That leaves $190 per owner, or $19,000 total as a buffer. The price of the island is "negotiable", so the buffer should actually be higher.
