at auction, a barn full of wonders

by:Marslite     2019-10-07
Lisa PREVOSTOCT.
13,201 1NEW canaan resale value is not what Rodney and Beverly Hoth thought of when they built a huge \"sports barn\" behind their pondside home.
The only audience they want to please is their 25 grandchildren. The three-
In fact, level barn is more of a resort, and its 10,000 square feet are full of fun.
Except for his-and-
Her bunkroom, a full kitchen and a bar, Haweses put a scoreboard, a golf course and an electronic golf simulator on the basketball court.
There are leather seats for 30 people in the cinema.
The stage is equipped with professional lighting and sound system, operating from the balcony above.
The barn excited the grandchildren.
But the market doesn\'t know what to do yet.
Including the property of their seven --
Two years later, buyers have not been found in the bedroom house, guest room cottage, swimming pool, outdoor kitchen and stocked trout pond.
But there will be one on Thursday.
It was a day at the Laurel Avenue compound, previously listed for $12.
5 million, will be auctioned \"absolutely\", which means that the highest bidder will win regardless of the price.
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Hoth, a former owner of the insurance company, holds an interest in real estate projects, computer software and five-person restaurant franchises, and the certainty of sales exceeds the risk of loss in the transaction.
There is a house waiting for him in Idaho, and he and his wife will be closer to the grandchildren.
The couple had no mortgage on the New Canaan property.
Then political computing.
\"Frankly, with what Obama is responsible for, we might as well continue to live . \"
He said he was referring to the president\'s call for higher taxes on the rich.
\"Otherwise, in any case, we will eventually hand it over to the people in Washington.
\"Higher owners --
Pricing properties are increasingly turning to specialized auction houses today, not necessarily because they have to be sold immediately, but because they have the ability to sell.
With so many expensive properties on the market, buyers are not in a hurry to buy.
Auctions can speed them up.
In Connecticut, the New York-based Concierge auction company has handled millions
Dollar properties for the past year;
In addition to hawes, it has another auction in New Canaan.
Laura Brady, vice president of marketing at the concierge, said that especially in a slow market, auctions may be a better way to identify the value of top properties with little similarity.
The task for auction houses to sell properties is to identify and screen potential buyers, she said.
The auctions then incorporate them into the competition, \"providing fair market value in an accelerated time frame.
\"As for another new Canaan property that is about to be auctioned, 6-
The day starts on Thursday.
The gorgeous 15,000square-
The foot mansion built in Oenoke Ridge in 1929 was priced at $3, the starting price. 5 million.
Grand Estates Auction Co. , Ltd. is located in Charlotte, N. C.
She said that she often sees houses with unusual features that are difficult to sell and to value.
Owner of Linville, N. C.
The House that the company auctioned last month built a 3,000-square-foot two-
Story room dedicated to catering kitchen for their daughter\'s wedding reception.
They then turned it into a hunting trophy room and installed guns and animal heads on the wall.
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Last year, the manor sold a mansion in Hampton, north of the United States. H.
Strangely, the house is donated in a different way: it is owned by L.
Dennis Kozlowski, a former Chief Executive Officer of Tyco International, was jailed for embezzling corporate funds.
The luxury house sold for $4.
0. 135 billion, significantly lower than the valuation.
In June, at a Concierge auction for a beachfront home in Darien, the bid was about $4 million lower than the seller\'s original $12.
5 million asking price. But that $7.
According to data from listed agents Doug Milne and Kelly Associates, 74 million of sales remain the highest level of Darien so far this year.
His client, like Haweses, is a good candidate for the auction because after 14 months of hard selling, he is tired of \"waiting for the market to come to him \". Milne said.
\"At the end of the day, do we get as much money as I wish? No,” Mr. Milne said.
\"But my seller got what he wanted and that\'s for sure.
The buyer knew he was not bidding in a vacuum.
Certainty is not always a rule, however.
Last year, high-priced bidders auctioned a stone at the concierge --and-
The tile family is unable to buy in Roxbury.
Then it went public for $7.
5 million, 15 acres of house is still on the market, now $4.
According to listed agent John Sniffen 0. 795 billion in Sotheby\'s International, Washington.
The previous year, the people who bid very high in the Concierge auction in the Far Mountains of New YorkJ.
According to the Daily News, it turned out to be one of the LLC members who owned the property. At that time, Ms.
Brady said the bid was accepted by mistake;
It was later declared invalid.
When asked about the auction, she said the concierge\'s policy was to ban sellers from bidding.
In New Canaan, sir.
Hoss is ready for him to be unhappy with his winning bid.
But at the very least, he said, \"This will be done anyway.
\"A version of this article was printed on page RE8 of the National edition on October 16, 2011, with the title: a miracle-filled barn at auction.
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