Woods Blows $54 Million On A House

Word on the street is that Tiger Woods has taken out a $54 million mortgage to be repaid in 2016. That’s only 6 years from now. Wow, right about now a 40 year mortgage sounds great to me. I could use the break on monthly payments. Anyhoo, this post is about Tiger, not me.

Woods is building an incredibly big and palatial mansion on Jupiter Island, which is super exclusive. The documents for the loan were signed just a few days after Tiger and Elin finally parted ways, at least legally.

The land where the huge home is being built takes up multiple parcels of land. Amongst the home’s amenities are the standard swimming pool, actually there will be more than one, an oxygen therapy room, fitness center and tennis court.

Wow, that’s pretty impressive! I hope he’s planning for a lot of company. What could one man possibly do with all of that house? Maybe he should consider downsizing and donating the money he will soon be throwing away to charity. Just a thought….