No, foreclosure auctions aren't usually good deals — there's a reason the debtors couldn't sell them

steeple chase new.jpg

17 Steeple Chase, ”just five miles from Armonk!”, was purchased at a foreclosure auction for $1.575 million in 2015, then renovated, and has been on the market since July 2018, when it started at $2.495. Today it was marked down to $1.925, with still more room to drop.

A dull contemporary in awful shape, stuck in the high sinuses of Greenwich’s frontier; what could possibly go wrong?

$1.575, bid up from $1.350 — a new twist on the phrase, “Chump change”

$1.575, bid up from $1.350 — a new twist on the phrase, “Chump change”

circa 2015

circa 2015

Nicely redone, but to what purpose?.

Nicely redone, but to what purpose?.