The opinions expressed by columnists are their own and do not represent our advertisers

Thursday, September 27, 2012

Foreclosure Auction Is Off For $23 Million McLean Mansion

Rodney P. Hunt won’t be losing his $23 million McLean mansion. At least not this week.
The 20,000-plus-square-foot home was scheduled to be sold at a foreclosure auction Thursday morning on the steps of the Arlington County Courthouse. On Wednesday evening, Tranzon Fox, the auction house, canceled the sale. David K. Lowry, an executive vice president for the auction house, would not comment on the reason.
 Hunt’s Potomac River home is the most expensive property in the Washington region to enter some stage of foreclosure since the housing market crashed in 2007. The entrepreneur owed more than $9.4 million to Bank of America, public records show, for money borrowed against the house, which was once featured on MTV’s “Teen Cribs.” 

No comments: