Posts from December 2008
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15
Signal Mountain Spaceship House Sells To Highest Bidder Sunday - Chattanooga Times Free Press
By: Elizabeth Ryan
On Sunday, Bill Davenport went where few Chattanoogans have been before ? for a walk inside the Signal Mountain spaceship house.
"I've been driving by this place since I was a kid," said Mr. Davenport, 44, a Chattanooga native who now lives in Florida. "I just think this place is awesome."
Up for auction for the second time this year, Sunday's open house gave would-be buyers and gawkers alike a chance to survey the flying saucer's unique features, including a curved wet bar, a round master bedroom and custom tiled bathtub. The round concrete home was sold at auction in March for $135,000, but the deal never closed, giving fans like Kim Adams, of Collegedale, another chance to bid on a piece of tangible fantasy.
"I...
12
'Spaceship House' To Be Auctioned in Tennessee - The Wall Street Journal
Sushil Cheema reports:
From the looks of it, E.T. has come back to Earth and set up shop in Signal Mountain, Tenn. At least, that's what one might think upon stumbling across the house designed like a spaceship at 1408 Palisades Road. Star Trek fans?or lovers of quirky architecture?now have a chance to buy the house at auction on Sunday.
Known as "The Spaceship House," the building was the creation of Curtis King, who spent $250,000 to have it built for his son in 1973, according to Terry Posey, an auctioneer with Crye-Leike Auction of Cleveland, Tenn., who will be running Sunday's auction.
Made of steel and concrete, the structure provides nearly 2,000 square feet of living space, including three bedrooms, two full bathrooms, a bar and entertainment ar...
12
Space House For Sale, Again - Newschannel 9, WTVC-TV Chattanooga, Tennessee
Richard Simms
The well-known "Space House" on Signal Mountain is up for sale, again.
It will be sold at absolute auction Sunday December 14 at 2:00 pm at the house itself (1408 Palisades Road).
The unique home that has has been featured in the national media in the past, has changed owners many times over the years.
It was most recently sold at auction in March of this year. However Mike Machak, a spokesperson for Crye-Leike Realtors says the apparent buyer defaulted and was never able to take possession... so it is up for auction again.
Tony Young, an Auctioneer with the Crye-Leike Auction Team in Cleveland said, "This was probably one of only several hundred auctioned properties we've handled recentl...
11
Rising Loan Delinquencies Push Foreclosure Rate Higher - The Morning News in Northwest, Arkansas
Last updated Thursday, December 11, 2008 3:02 PM CST in Business
By Kim Souza
THE MORNING NEWS
SPRINGDALE -- One in 488 American households were in the midst of foreclosure last month, and another one in 10 were at least 30 days behind on their mortgage, according to a report released Wednesday by Realtytrac.
The report indicated 259,085 U.S. properties were in default, up 28 percent from a year ago. But market watchers say the worst may not be over as more and more Americans lose their jobs amid the weakest economy in three decades.
"Delinquencies on loans not yet in foreclosure jumped nearly 7 percent in the third quarter, a record high according to the Mortgage Bankers Association," said James Saccacio, CEO of Realtytrac.
He said more than half of the homeowners who received loan modifications to reduce monthly...
11
"Internet Open House" from the Jackson, MS Clarion Ledger - clarionledger.com Mississippi's #1 website
jeff.ayres@jackson.gannett.com
December 11, 2008
To comment on this story, call Jeff Ayres at (601) 961-7050
People shopping for homes can get a closer look at their potential purchase in minutes with a click of a mouse. Real estate firms have taken advantage of technology allowing buyers to take virtual tours of some homes.
"We have a lot of clients who move from out of town and say, 'I've got two or three days to look,' " said Sheri Bryan, managing broker at Crye-Leike Realty in Ridgeland. "If you don't have pictures or a virtual (listing) of a home, they won't buy a home."
Some virtual tours provide images that allow potential buyers to zoom in and out providing a greater sense of a room's dim...
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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