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Article Date:
May 2008


Word Count:
512

 

 

Home Sale and Easement Proceeds


Five years ago, I bought my home for $250,000, of which $150,000 was for the land and $100,000 for the house. I have lived in the house since then, with no husband.

 

Last year I granted an easement to a developer so that he could build a road through my property to land he is developing for a new subdivision. Without the easement, his land would be relatively worthless. I received $100,000 cash and $25,000 worth of improvements in landscaping ... Log in to view full article.

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