And once again, what is your source?
Quote from: Beach Bum on October 31, 2012, 08:04:34 PMMy resource is me. I could look up advances and income from books sales from former presidents, along with the speaking fees they make, but you can look that up too. It's millions. So looking at Obama's current net worth doesn't give you the entire picture of what he will be worth when he leaves office.
My resource is me. I could look up advances and income from books sales from former presidents, along with the speaking fees they make, but you can look that up too. It's millions. So looking at Obama's current net worth doesn't give you the entire picture of what he will be worth when he leaves office.
The maximum loan according to Freddie Mac rules one can get on a single family home in Hawaii is $938,250. In order to buy a 35 million dollar property, President Obama is going to need some hefty advances on the book he has not yet written. http://www.freddiemac.com/sell/selbultn/limit.htm
Why are you assuming he will get a Freddie Mac loan? There are numerous properties that sell for over $10 million here and I doubt the buyers use Freddie Mac. Obama will probably make at least $20 million in book advances, sales, and speaking fees in his first year out of office. He's not going to have a problem buying a house in Hawaii. Although I really hope he stays in his real hometown of Chicago.
Desperation is a pitiful thing to watch in action.
The one silver lining.
Are they divorcing before the big move?