.com How much did Rick Schwartz sell the domain name Property.com for?

[News]

The sale involved 10% “for life” and until the domain is paid off, the Domain King will be holding the “papers,” the title to the domain.

This remarkable domain name is a seven, possibly eight figure deal, and Rick Schwartz must be ecstatic...

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[xynames]

I recall this:

http://www.ricksblog.com/2008/07/propertycom-sol/#.WjtH7SuIaaM

Must not have worked out as the domain currently reverts to Schwartz’s landing page, pending whatever has now happened (or will happen).

If someone has the time or inclination could take a look at waybackmachine figure out how many “payments for life” were even made on this past 2008 deal.

Actually it’s a tangled web to even figure out how many have acquired property.com and then defaulted on payments. Reminds me of this huge vacant rural property that a friend of my Dad’s owned that this guy would constantly sell for a down payment and a note then eventually foreclose on the note and sell it to someone else, for a repetition of the same cycle.

I also recall that it was reported that Schwartz had another domain flippedproperty.com that he held for something like a decade then simply let go last year without paying the reg fee.