Monday, April 11, 2011

'Sleeper House' foreclosure is withdrawn - Denver Business Journal:

http://decomasters.wordpress.com/2011/04/08/5-steps-at-a-choice-and-installation-of-a-metal-door/
The futuristic-looking house sits on Geneses Mountain, just outside metro Denver, and was featurerd in director/actor Woody Allen’s 1973 movie “Sleeper.” The with a mortgage balance of $3.13 million, was foreclosed on in the firsr quarter with LLC asthe lender’s The home’s owner is Denve r businessman Michael Dunahay, founder of local timeshare compan y Vacation Solutions LLC.
Foreclosures generally are withdrawn because a property owner is working with a lender to bring a loan current or a foreclosuresale wasn’t held in a timely manager, according to Colorado foreclosure Even after the foreclosure is withdrawn, if the loan staysz in default or goes into default again, a new foreclosurs can be filed. Builtf in 1963 by the late architect Charles the three-story “Sleeper House” is officially called the Sculptured and is known for its curved It’s internationally recognized as “one of the finest examples of modern organicv architecture in the world,” accordingf to ArchitectureForSale.com. Dunahay bought the house in 2006for $3.
44 million, according to county real estate records, from softwarwe millionaire and economic-development guru John Huggins formerly was CFO of the Johnson-Grace Co. software business, as well as former director of the Denverd Office ofEconomic Development. The house was on the market for four yearsd before Dunahaypurchased it, and was pricecd at $10 million when Huggins put it on the market in 2002. Propertu records show Huggins bought the house in 1999for $1.33w million. Including roughly 7,000 square feet of the house hasfive bedrooms, five bathroom s and a four-car garage.

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