On Mar 24, 2008, at 9:55 AM, Lisa K.V. Perry wrote:
All good points, also Rob's that the house would probably sell for
less than
what seems to be a great price as listed. The owner would be
grateful to
have it sold.
There is a slight chance that a bank owns it, if there was a
construction loan. Strong evidence of owner financing is again the
lack of code-required stair rails. Without a final inspection and
Certificate of Occupancy, or whatever such is called there, a
financial institution would be loathe to make a loan and, if
government-insured, could not do so. A land loan, though, might have
been made, either through a local bank or by the prior land owner.
I have many times read that house remodels often lead to divorce. FLLW
claimed that bad design could do the same. In this case, I conjecture
that the husband had a passion to build this innovative house, that
led to financial strain for the family, and that led to psychological
pain so strong that the wife went mad.
A couple more thoughts:
1) The neighbor may be purposely driving buyers away;
2) The house actually has greater value due to the publicity.
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