The $400MM House

|February 11, 2006|humor|

by Osman Parvez

From the Chicago Tribune, a technical glitch valued a single home at $400MM back in October ’04 and resulted in fiscal mayhem for a county in Indiana .

Officials say the county and its various taxing bodies will make it through the short term, as they negotiate with the state on how to correct the mistake. Long-term finances will depend on what’s decided.

I wonder how Zillow values the property.

—-

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The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties.   We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate. 

The $400MM House

|February 11, 2006|humor|

by Osman Parvez

From the Chicago Tribune, a technical glitch valued a single home at $400MM back in October ’04 and resulted in fiscal mayhem for a county in Indiana .

Officials say the county and its various taxing bodies will make it through the short term, as they negotiate with the state on how to correct the mistake. Long-term finances will depend on what’s decided.

I wonder how Zillow values the property.

—-

Like this analysis?    Subscribe to our client research report.     
Want to get blog updates via email?  Click HERE.       
Ready to buy or sell?  Schedule an appointment or call 303.746.6896. 
You can also like our Facebook page or follow us on Twitter.

As always, your referrals are deeply appreciated.  

The ideas and strategies described in this blog are the opinion of the writer and subject to business, economic, and competitive uncertainties.   We strongly recommend conducting rigorous due diligence and obtaining professional advice before buying or selling real estate. 

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More about the author

Osman Parvez

Owner & Broker at House Einstein as well as primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has appeared in the Wall Street Journal and Daily Camera.

Osman is the primary author of the House Einstein blog with over 1,200 published articles about Boulder real estate. His work has also appeared in many other blogs about Boulder as well as mainstream newspapers, including the Wall Street Journal and Daily Camera. Learn more about Osman.

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