Be careful who you let buy your homes kids

Anonymous
Anonymous wrote:Seriously...are we feeling sorry for her? She's had all this time to save a nice, fat downpayment on another house since her dad's laundered money paid for this one.


Sad? No. Wondering how many other 20-40 years are letting their parents spend millions to buy property for them and then poo-pooing that they didn't really get 'any help' there are, yeah....
Anonymous
Why is this in real estate?

It belongs in politics.
Anonymous
He laundered $ and his family benefitted. How about we talk about the poor South Korean immigrant / US Army Vet who the IRS seized $60K from - and will not give it back. The S. Korean immigrant did nothing wrong.

https://www.washingtonpost.com/local/the-irs-seized-59000-from-a-gas-station-owner-they-still-refuse-to-give-it-back/2017/10/16/57828500-b296-11e7-be94-fabb0f1e9ffb_story.html?utm_term=.c0829e1eaa3b
Anonymous
Anonymous wrote:
Anonymous wrote:The children always suffer. Always.


So, daughter doesn't get to keep the $$$$ house daddy bought her with stolen money.

Cry me a f****** river.


Exactly. Please.
Anonymous
She could move to Trump Tower. He'll let her in.
Anonymous
I used to live across the street from that house. Always loved it!
Anonymous
Anonymous wrote:I used to live across the street from that house. Always loved it!


In your opinion is it worth what they paid for it? Honestly I'm underwhelmed by all the details - there's no privacy outside, at least four different color woods throughout the home, and everything except the kitchen looks dated.

http://www.wfp.com/listing-showcase/sold-property-details.asp?mlsID=AR7796078
Anonymous
paid 1.9M in 2012, now assessed for only 1.75M, crappy arlington market
Anonymous
Anonymous wrote:paid 1.9M in 2012, now assessed for only 1.75M, crappy arlington market


But the market value would be higher. I wouldn't be surprised if they could get close to $2M. That's a nice house on a huge lot in a great location.
Anonymous
We live nearby, I have always admired that house! It's adorable.
Anonymous
Anonymous wrote:
Anonymous wrote:paid 1.9M in 2012, now assessed for only 1.75M, crappy arlington market


But the market value would be higher. I wouldn't be surprised if they could get close to $2M. That's a nice house on a huge lot in a great location.


Yup. The Redfin estimate is $2.2M - sounds much closer. Nicer pics too.
https://www.redfin.com/VA/Arlington/1046-N-Edgewood-St-22201/home/11254939
Anonymous
Drumpf will pardon Manny and she'll get the house back.
Anonymous
Anonymous wrote:
Anonymous wrote:paid 1.9M in 2012, now assessed for only 1.75M, crappy arlington market


But the market value would be higher. I wouldn't be surprised if they could get close to $2M. That's a nice house on a huge lot in a great location.


Only close to 2M? Still losing money after 5 years?
Anonymous
I used to live right around the corner from that house -- it was stunning, especially before the previous owners subdivided the lot. When they put it up for sale, the open house was INSANE.

It's such a special house. What a shame it's been tainted by those ugly people.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:paid 1.9M in 2012, now assessed for only 1.75M, crappy arlington market


But the market value would be higher. I wouldn't be surprised if they could get close to $2M. That's a nice house on a huge lot in a great location.


Yup. The Redfin estimate is $2.2M - sounds much closer. Nicer pics too.
https://www.redfin.com/VA/Arlington/1046-N-Edgewood-St-22201/home/11254939


Redfin's basing that on the fact the current owner's shell overpaid in the first place. It sold for $100,000 less than asking in 2012 and a month latter was put back on the market for $300,000 over what they paid. No idea why the daughter/shell agreed to what couldn't have been a very nice flip but they did.

Which begs the question - how many homes are selling at 'market rate' to foreign investors or blood money rich contractors and not at the actual value of the home? It's great for the former owners who cashed in, just wondering what the the future buyers are going to think.
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