Terrell Owens Azure Condo Being Sold as a Short Sale

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I’m talking the BIG one in the process of being sold, the 3559 square foot one that was listed at $2,250,000 and reduced to $1.6 — God what a STEAL for that unit on the 20th floor. (The smaller one TMZ was referring to, I think, is still waiting for a buyer. They got it all wrong!) I also hear it’s going for less than the $1.6 asking, like somewhere around $1.4 or $1.5. Of course, only the bank knows for sure, but how in the world can someone with a $25 million dollar contract end up losing so much money in such a short period of time?

This is going to bring down comps at the Azure to less than $450 a quare foot. And that makes me sad.

mm

Candy Evans

A real estate muckraker, Candy Evans is one of the nation’s leading real estate reporters. She is also the North Texas real estate editor for Forbes.com, CultureMap Dallas, Modern Luxury Dallas, & the Katy Trail Weekly. Candy has written for Joel Kotkin’s The New Geography, Inman Real Estate News, plus a host of national sites. Constantly breaking celebrity real estate news, she scooped former president George W. Bush's Dallas home in 2008. She is the founder and publisher of her signature CandysDirt.com, and SecondShelters.com, devoted to the vacation home market. Her verticals have won many awards, including Best Blog by the venerable National Association of Real Estate Editors, one of the nation’s oldest and most prestigious journalism associations. Candy holds an active Texas real estate license but does not sell. She is on the Board of Directors of Braemar Hotels & Resorts (BHR).

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Comments

  1. Cindy Block says

    I agree Ron and when the sellers in this case developers get real te buyers will cone out. My husband and I have been circling an Azure and Ritz unit and will move when the developers get real. Great blog!

  2. Cindy Block says

    I agree Ron and when the sellers in this case developers get real te buyers will cone out. My husband and I have been circling an Azure and Ritz unit and will move when the developers get real. Great blog!

  3. critic says

    Any agent or bank can contact me when a 2 bedroom unit in THE HOUSE or AZURE is ready to go to the title company at $250,000

  4. critic says

    Any agent or bank can contact me when a 2 bedroom unit in THE HOUSE or AZURE is ready to go to the title company at $250,000

Trackbacks

  1. […] Drama has always been a big part of Owens’ game and personality, so it figures that the receiver’s ambition to return to the game is garnering lots of headlines, alongside his equally high-profile life in luxury real estate. That includes a recently reported monster price drop for the condo Owens owns in the pro athlete-friendly Azure high rise in Dallas, where Owens’ luxury custom residence is reported to be under contract via a bank short sale. […]

  2. […] Drama has always been a big part of Owens’ game and personality, so it figures that the receiver’s ambition to return to the game is garnering lots of headlines, alongside his equally high-profile life in luxury real estate. That includes a recently reported monster price drop for the condo Owens owns in the pro athlete-friendly Azure high rise in Dallas, where Owens’ luxury custom residence is reported to be under contract via a bank short sale. […]

  3. […] Drama has always been a big part of Owens’ game and personality, so it figures that the receiver’s ambition to return to the game is garnering lots of headlines, alongside his equally high-profile life in luxury real estate. That includes a recently reported monster price drop for the condo Owens owns in the pro athlete-friendly Azure high rise in Dallas, where Owens’ luxury custom residence is reported to be under contract via a bank short sale. […]

  4. […] Drama has always been a big part of Owens’ game and personality, so it figures that the receiver’s ambition to return to the game is garnering lots of headlines, alongside his equally high-profile life in luxury real estate. That includes a recently reported monster price drop for the condo Owens owns in the pro athlete-friendly Azure high rise in Dallas, where Owens’ luxury custom residence is reported to be under contract via a bank short sale. […]

  5. […] Drama has always been a big part of Owens’ game and personality, so it figures that the receiver’s ambition to return to the game is garnering lots of headlines, alongside his equally high-profile life in luxury real estate. That includes a recently reported monster price drop for the condo Owens owns in the pro athlete-friendly Azure high rise in Dallas, where Owens’ luxury custom residence is reported to be under contract via a bank short sale. […]

  6. […] Drama has always been a big part of Owens’ game and personality, so it figures that the receiver’s ambition to return to the game is garnering lots of headlines, alongside his equally high-profile life in luxury real estate. That includes a recently reported monster price drop for the condo Owens owns in the pro athlete-friendly Azure high rise in Dallas, where Owens’ luxury custom residence is reported to be under contract via a bank short sale. […]

  7. […] Drama has always been a big part of Owens’ game and personality, so it figures that the receiver’s ambition to return to the game is garnering lots of headlines, alongside his equally high-profile life in luxury real estate. That includes a recently reported monster price drop for the condo Owens owns in the pro athlete-friendly Azure high rise in Dallas, where Owens’ luxury custom residence is reported to be under contract via a bank short sale. […]

  8. […] Drama has always been a big part of Owens’ game and personality, so it figures that the receiver’s ambition to return to the game is garnering lots of headlines, alongside his equally high-profile life in luxury real estate. That includes a recently reported monster price drop for the condo Owens owns in the pro athlete-friendly Azure high rise in Dallas, where Owens’ luxury custom residence is reported to be under contract via a bank short sale. […]

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