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[quote=Anonymous][quote=Anonymous]The Karen house sale storyline hasn't made a lot of sense until Charisse's recent comments insinuating financial troubles are at the source of the sale (not a true desire to downsize)

* The house was listed as far back at 2014 (for $2.5M).  The asking price was eventually cut to $1.75M.  Somebody with better internet skills can probably find out what it actually sold for
*  Karen stated she had a $10K monthly mortgage.  That's a big nut to crack each month.
* While Karen refers to her husband as the black Bill Gates, it's worth taking a closer look at his career
----&gt; He worked for IBM for 25 years, culminating as a regional manager
-----&gt; He co-founded or was asked to run a start up in 1991 and was the CEO for 20 years
-------&gt; By the time he and Karen bought the Potomac McMansion (~2004), his stake in the company, Paradigm Holdings, was worth about $40M (12M shares at $3.25/share) ...on paper
---------&gt; That valuation was precarious, because paradigm seems to have gone public as a microcap reverse merger.  Never a sign of a solid, growing company.  In fact, the company generated about $60M in revenue in 2004 but that number shrank to $40M by 2008 and the company was losing money
------------&gt; By 2010, local defense contractor CACI bought Paradigm for ...$0.29 per share.  At the time, Raymond held about 10M shares so his take was &lt; $3M
--------------&gt; Not hard to imagine needing to make some adjustments commensurate with that significant apparent drop in wealth
[/quote]

https://www.zillow.com/homes/for_sale/9-potomac-school-ct-potomac-md_rb/?fromHomePage=true&shouldFireSellPageImplicitClaimGA=false&fromHomePageTab=buy

It sold for $1.685 Million.

It needs a ton of work to update  including all the bathrooms and the kitchen. for a 2 acre property, the background is pretty bad. Most people in that neighborhood with 2 acres have a pool.[/quote]

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