Want to see what a $12.6 Million Dollar REO Looks like?

[Andrew Clark]

Let me clear the air. I stand to gain nothing if anyone buys this home. I do not know the listing agent. This is not an advertisement. This is for amusement.

This home is fascinating to me.

LP: $3MM
Tax Value: $12.6MM
18,000 sqft

Link to the home: http://tra.mlxtempo.com/Pub/EmailView.asp?r=1869051963&s=TRA&t=TRA

Looking forward to your responses.

-Andrew

[Jon Klaus]

Andrew, are $3mm homes selling in Raleigh? Even with the deep discount, it is still $167.50 a foot. Likely $12.6mm was ridiculous even at the peak of the market.