Written by Jim the Realtor

April 21, 2015

Thanks daytrip and Susie!

http://www.cnbc.com/id/102601704

It is a classic story of David versus Goliath—the real estate edition. Only this time, David, a 600-square-foot Seattle home, may not emerge the victor, as the hours tick down to the end of an auction that will leave the structure’s future uncertain.

From a week ago:

SeattlePI.com reported that although five interested bidders were at the King County Administration Building on Friday morning, ultimately no one placed a bid, prompting the house to return to its beneficiary who owes just less than $186,000 on the property.

Bidders explained any purchaser of the property would have had to assume the first deed of trust, which would have amounted to an additional $300,000 on top of the opening minimum bid of $216,270.70, SeattlePI.com added.

http://www.foxnews.com/us/2015/03/13/up-house-attracts-no-bidders-could-be-torn-down/

3 Comments

  1. Jiji

    needs a few more balloons

  2. Susie

    @ Jiji It’s good I wasn’t drinking something when I read your comment! Or maybe, JtR–with his famous wit–should just offer standard “computer keyboard insurance” with bubbleinfo…

  3. Kwaping

    Disney should buy it and turn it into a landmark/advertisement. Seriously. They have the money to do something silly like that.

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