
My description of the Vick joint in Atlanta about a a year and a half ago, when it first went on the market, led the Berg Properties Blog to describe this medium as “hilarious.”
Evidently, nobody wanted to buy it through traditional means, so it’s going on the auction block today. The starting price was $4.5 million, and the bidding will open at $3.2 million. Anyone in this economy who takes even that price is nuts. But it’s going to have to be sold, because Michael Vick is “underwater,” in today’s jargon.
If they don’t wind up selling it today, one could say that the house started out at the $4.5 million line of scrimmage, was chased back to the $3.2 million marker, took too much time in trying to dump it off to someone else, and then got taken down. Much like a typical Michael Vick play.
BTW, the bottom floor of the house is called a “terrace.” Not a terrier?
UPDATE 3/10: No takers. What a surprise, what a shock.