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Vick's former home fails to sell at auction

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Javaman Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-11-09 08:01 AM
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Vick's former home fails to sell at auction
http://news.yahoo.com/s/ap/20090310/ap_on_sp_fo_ne/fbn_vick_s_house

BUFORD, Ga. – Michael Vick's house is still available.

No one made an offer on the luxury home in suburban Atlanta at an auction Tuesday. A minimum bid of $3.2 million was required, but only two parties showed up and neither brought the $160,000 payment that was needed just to start the auction.

Sterling Realty Services president Narender Reddy said there is no market for the eight-bedroom, 11-bath home at that price in light of the economy. The whole process lasted less than an hour. Now, a bankruptcy judge must decide the next step for Vick's house.

The former star quarterback for the Atlanta Falcons is serving a nearly two-year sentence after pleading guilty to running a dogfighting ring.

(that's the whole article)
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