Terrell Owens Azure Condo Being Sold as a Short Sale

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I’m talking the BIG one in the process of being sold, the 3559 square foot one that was listed at $2,250,000 and reduced to $1.6 — God what a STEAL for that unit on the 20th floor. (The smaller one TMZ was referring to, I think, is still waiting for a buyer. They got it all wrong!) I also hear it’s going for less than the $1.6 asking, like somewhere around $1.4 or $1.5. Of course, only the bank knows for sure, but how in the world can someone with a $25 million dollar contract end up losing so much money in such a short period of time?

This is going to bring down comps at the Azure to less than $450 a quare foot. And that makes me sad.

Candy Evans, founder and publisher of CandysDirt.com, is one of the nation’s leading real estate reporters.

27 Comments

  1. Ron Schulz on November 17, 2011 at 9:33 am

    Well maybe we can start to get the values in line with the actual market and clean out the inventory.

  2. Ron Schulz on November 17, 2011 at 9:33 am

    Well maybe we can start to get the values in line with the actual market and clean out the inventory.

  3. Cindy Block on November 17, 2011 at 1:00 pm

    I agree Ron and when the sellers in this case developers get real te buyers will cone out. My husband and I have been circling an Azure and Ritz unit and will move when the developers get real. Great blog!

  4. Cindy Block on November 17, 2011 at 1:00 pm

    I agree Ron and when the sellers in this case developers get real te buyers will cone out. My husband and I have been circling an Azure and Ritz unit and will move when the developers get real. Great blog!

  5. critic on November 17, 2011 at 4:25 pm

    Any agent or bank can contact me when a 2 bedroom unit in THE HOUSE or AZURE is ready to go to the title company at $250,000

  6. critic on November 17, 2011 at 4:25 pm

    Any agent or bank can contact me when a 2 bedroom unit in THE HOUSE or AZURE is ready to go to the title company at $250,000

  7. Candy Evans on November 17, 2011 at 4:32 pm

    @Critic: and how can they be in touch? You can send me your email addy and I'll act as intermediary…

  8. Candy Evans on November 17, 2011 at 4:32 pm

    @Critic: and how can they be in touch? You can send me your email addy and I'll act as intermediary…

  9. Candy Evans on November 17, 2011 at 4:32 pm

    I take it you are a cash buyer?

  10. Candy Evans on November 17, 2011 at 4:32 pm

    I take it you are a cash buyer?

  11. […] Terrell Owens, now Jason Kidd. Seems like all the sports studs really love living at the Azure. But then, they […]

  12. […] Terrell Owens, now Jason Kidd. Seems like all the sports studs really love living at the Azure. But then, they […]

  13. […] Terrell Owens, now Jason Kidd. Seems like all the sports studs really love living at the Azure. But then, they […]

  14. […] Terrell Owens, now Jason Kidd. Seems like all the sports studs really love living at the Azure. But then, they […]

  15. […] Drama has always been a big part of Owens’ game and personality, so it figures that the receiver’s ambition to return to the game is garnering lots of headlines, alongside his equally high-profile life in luxury real estate. That includes a recently reported monster price drop for the condo Owens owns in the pro athlete-friendly Azure high rise in Dallas, where Owens’ luxury custom residence is reported to be under contract via a bank short sale. […]

  16. […] Drama has always been a big part of Owens’ game and personality, so it figures that the receiver’s ambition to return to the game is garnering lots of headlines, alongside his equally high-profile life in luxury real estate. That includes a recently reported monster price drop for the condo Owens owns in the pro athlete-friendly Azure high rise in Dallas, where Owens’ luxury custom residence is reported to be under contract via a bank short sale. […]

  17. […] Drama has always been a big part of Owens’ game and personality, so it figures that the receiver’s ambition to return to the game is garnering lots of headlines, alongside his equally high-profile life in luxury real estate. That includes a recently reported monster price drop for the condo Owens owns in the pro athlete-friendly Azure high rise in Dallas, where Owens’ luxury custom residence is reported to be under contract via a bank short sale. […]

  18. […] Drama has always been a big part of Owens’ game and personality, so it figures that the receiver’s ambition to return to the game is garnering lots of headlines, alongside his equally high-profile life in luxury real estate. That includes a recently reported monster price drop for the condo Owens owns in the pro athlete-friendly Azure high rise in Dallas, where Owens’ luxury custom residence is reported to be under contract via a bank short sale. […]

  19. […] Drama has always been a big part of Owens’ game and personality, so it figures that the receiver’s ambition to return to the game is garnering lots of headlines, alongside his equally high-profile life in luxury real estate. That includes a recently reported monster price drop for the condo Owens owns in the pro athlete-friendly Azure high rise in Dallas, where Owens’ luxury custom residence is reported to be under contract via a bank short sale. […]

  20. […] Drama has always been a big part of Owens’ game and personality, so it figures that the receiver’s ambition to return to the game is garnering lots of headlines, alongside his equally high-profile life in luxury real estate. That includes a recently reported monster price drop for the condo Owens owns in the pro athlete-friendly Azure high rise in Dallas, where Owens’ luxury custom residence is reported to be under contract via a bank short sale. […]

  21. […] Drama has always been a big part of Owens’ game and personality, so it figures that the receiver’s ambition to return to the game is garnering lots of headlines, alongside his equally high-profile life in luxury real estate. That includes a recently reported monster price drop for the condo Owens owns in the pro athlete-friendly Azure high rise in Dallas, where Owens’ luxury custom residence is reported to be under contract via a bank short sale. […]

  22. […] Drama has always been a big part of Owens’ game and personality, so it figures that the receiver’s ambition to return to the game is garnering lots of headlines, alongside his equally high-profile life in luxury real estate. That includes a recently reported monster price drop for the condo Owens owns in the pro athlete-friendly Azure high rise in Dallas, where Owens’ luxury custom residence is reported to be under contract via a bank short sale. […]

  23. […] had at The Azure, and a master with sitting area, cozy fireplace and balcony.Unlike Terrell Owens, who bought an entire Azure condo for his staff, Jason has plenty of room for the help in the 2,300-square-foot, finished basement. It includes a […]

  24. […] had at The Azure, and a master with sitting area, cozy fireplace and balcony.Unlike Terrell Owens, who bought an entire Azure condo for his staff, Jason has plenty of room for the help in the 2,300-square-foot, finished basement. It includes a […]

  25. […] had at The Azure, and a master with sitting area, cozy fireplace and balcony.Unlike Terrell Owens, who bought an entire Azure condo for his staff, Jason has plenty of room for the help in the 2,300-square-foot, finished basement. It includes a […]

  26. […] had at The Azure, and a master with sitting area, cozy fireplace and balcony.Unlike Terrell Owens, who bought an entire Azure condo for his staff, Jason has plenty of room for the help in the 2,300-square-foot, finished basement. It includes a […]

  27. […] Terrell Owens Sells Dallas Condo in Short Sale [Candy’s Dirt] […]

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