"Going to be interesting tomorrow with the principals foreclosure auction."
Furst, lemme say that Ima fass reeda and I caught the imfo before it went ker-poof.
Secund, 'tick-tock, tick, tock' the NTEK & NGTL HQ and BRUCE L. BEAN's earthly remains are closer to 'hittin' the road' to Alviso. It will indeed be inneresting to see if there are any bids at or above the minimum bid tomorrow and whether or not the concealed back bid executes or nott. DatHovel is nott currently worth even $4.0M. The loss/limitation of Mortgage Innerest Deduction and SALT Deduction and revision of AMT in the new Federule tax code make expensive houses and mortgage innerest much less useful for Bay Area homebuyers, and this is tacks filing season so potential buyers are very aware of that.
Plus the NTEK/NTGL HQ and the repository of the earthly remains of BRUCE L. BEAN is nott available for potential buyers to inspect and do even a walk-thru, lett alone have a pre-closing home inspection by a qualified home inspector.
So, it may require Countrywide Bank to recycle the auction to March with a lowered minimum bid. Butt it will gett sold eventually. Maybe at $3.2M.
And that means times a-comin' for DaFoleyFelonCrimeFambly to be Hitten DaRhode to Alviso and the new NTEK/NTGL HQ two blocks from the sewage treatment plant.
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