Tuesday, March 10, 2009

Vick's Digs Stay On The Market

CNN.com reported earlier in the week that Michael Vick's multimillion-dollar, eight bedroom, 11 bathroom, four-car garage Georgia mansion was hitting the auction block in order to provide restitution in relation to Vick's bid on dog-fighting charges. The auction for the Duluth mansion was set to start at a cool $3.2 million, but the auction was over before it began. Only three real estate agents showed up for the auction and none of which offered a bid on the home.

One such agent had a client willing to purchase the home a couple months ago for the $3.2 million asking price, but was deferred, seemingly for a larger offer. Now the case will be returned to the Virginia bankruptcy Judge that ordered the sale. The likelihood is the price will have to be drastically lowered... It's a recession, folks!!! Honestly, I feel like Vick has paid his dues - Let him have his crib. Once he gets out and receives a new contract, he will be able to afford this house and much, much more.




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