Wednesday, December 09, 2009

Raffle winner sells $1.2 million home at a bargain: Church's $650,000 offer for Edgewater property eases hefty tax burden

The Washington Post reports:
A Colorado woman who won a $1.2 million home in Edgewater in a $50-a-ticket raffle in January has sold the property to a Severna Park church at a bargain-basement price.

"Hooray, finally!" said Karen McHale, 47, who lives in a home she built with her husband in the mountains west of Denver and never intended to move to the mid-Atlantic. "I tell you, that was a giant rock around my neck."