editor Posted August 4, 2008 Share Posted August 4, 2008 Slideshow. http://www.chron.com/life/photogallery/Whe...ca_was_fab.html Quote Link to comment Share on other sites More sharing options...
flipper Posted August 4, 2008 Share Posted August 4, 2008 This house is under contract.flipper Quote Link to comment Share on other sites More sharing options...
missjanel Posted August 4, 2008 Share Posted August 4, 2008 Looks like a flip is emminent. Most likely the same investor that flipped 9006 Dunlap in Robindell and the recent aquisition of a forum member.This house is under contract.flipper Quote Link to comment Share on other sites More sharing options...
lgg Posted August 5, 2008 Share Posted August 5, 2008 After the Chron article, I had an e-mail from Rob Griffith, of Trellis Properties -- a company that he says restores older homes. He said he and his life partnerhave signed a contract on the place. And his business partner, Rebecca Perez, is even now getting bids to restore the house "to its former glory." I sent him contact info for Houston Mod. And I can't wait to see the place. Quote Link to comment Share on other sites More sharing options...
rps324 Posted August 5, 2008 Share Posted August 5, 2008 After the Chron article, I had an e-mail from Rob Griffith, of Trellis Properties -- a company that he says restores older homes. He said he and his life partnerhave signed a contract on the place. And his business partner, Rebecca Perez, is even now getting bids to restore the house "to its former glory." I sent him contact info for Houston Mod. And I can't wait to see the place.Did I read something on Rebecca Perez living in that log cabin house in Park Place? Quote Link to comment Share on other sites More sharing options...
missjanel Posted August 5, 2008 Share Posted August 5, 2008 Yes, Rebecca lives in the boyscout log cabin she renovated with her SO.Did I read something on Rebecca Perez living in that log cabin house in Park Place? Quote Link to comment Share on other sites More sharing options...
missjanel Posted September 9, 2008 Share Posted September 9, 2008 I guess there is no love for the formica house. It's back on the market today. Quote Link to comment Share on other sites More sharing options...
KristinDaugherty Posted September 9, 2008 Share Posted September 9, 2008 Wow, and now it's under $290K.Wonder what happened last week. Quote Link to comment Share on other sites More sharing options...
lgg Posted September 10, 2008 Share Posted September 10, 2008 Wow, and now it's under $290K.Wonder what happened last week.When I talked with the would-be buyers, they were having trouble with their financing. Sigh. Quote Link to comment Share on other sites More sharing options...
mmakt Posted September 12, 2008 Share Posted September 12, 2008 curious, Are you the Formica Rep or is Cathy Camp? Formica rules, and have noticed on repeated posts, your famous formica photo...... Quote Link to comment Share on other sites More sharing options...
flipper Posted October 7, 2008 Share Posted October 7, 2008 Back under contract...flipper Quote Link to comment Share on other sites More sharing options...
SpaceAge Posted November 6, 2008 Share Posted November 6, 2008 The Formica House has managed to attract yet another buyer who loves the place and wants to redo it and live there. There should be an announcement soon. Lets hope the sale goes through this time.Does anyone know where the PPG House of New Dimension is located? It was designed by Waller Poage, the same architect as the Formica House, as a showcase for Pittsburgh Plate Glass company in 1966, a year before the Formica house. Quote Link to comment Share on other sites More sharing options...
missjanel Posted November 21, 2008 Share Posted November 21, 2008 Another contract falls through. Back on the market today with a price adjustment to $277,777The Formica House has managed to attract yet another buyer who loves the place and wants to redo it and live there. There should be an announcement soon. Lets hope the sale goes through this time.Does anyone know where the PPG House of New Dimension is located? It was designed by Waller Poage, the same architect as the Formica House, as a showcase for Pittsburgh Plate Glass company in 1966, a year before the Formica house. Quote Link to comment Share on other sites More sharing options...
retromodernjeff Posted November 22, 2008 Share Posted November 22, 2008 Boy, this one is almost a year old saga. Quote Link to comment Share on other sites More sharing options...
BenH Posted November 22, 2008 Share Posted November 22, 2008 Personally, I'm ready for a conclusion to said saga. Quote Link to comment Share on other sites More sharing options...
flipper Posted January 13, 2009 Share Posted January 13, 2009 It's back with a fresh MLS number and listing agent!http://search.har.com/engine/dispSearch.cf...mp;backButton=Yflipper Quote Link to comment Share on other sites More sharing options...
Willowisp Posted January 13, 2009 Share Posted January 13, 2009 From what I've heard, it needs to be a cash sale. The banks don't want to finance it. There are several interested buyers, but no one can get the loans.JasonIt's back with a fresh MLS number and listing agent!http://search.har.com/engine/dispSearch.cf...mp;backButton=Yflipper Quote Link to comment Share on other sites More sharing options...
flipper Posted January 13, 2009 Share Posted January 13, 2009 From what I've heard, it needs to be a cash sale. The banks don't want to finance it. There are several interested buyers, but no one can get the loans.JasonThere is probably something to that. I wouldn't loan money on it, and I'm not as conservative as my bank!flipper Quote Link to comment Share on other sites More sharing options...
Dan the Man Posted January 14, 2009 Share Posted January 14, 2009 From what I've heard, it needs to be a cash sale. The banks don't want to finance it. There are several interested buyers, but no one can get the loans.JasonWhy is this? The flooding? Quote Link to comment Share on other sites More sharing options...
flipper Posted January 22, 2009 Share Posted January 22, 2009 The never ending saga...This house went under contract yesterday and back to active today.flipperps. I predict this house will sell for less than 200k eventually. Quote Link to comment Share on other sites More sharing options...
NenaE Posted January 22, 2009 Share Posted January 22, 2009 ...flipperps. I predict this house will sell for less than 200k eventually.Wow, that would be very low, for Meyerland prices. Sounds like the way it is headed, though. I would think because of flood issues, Dan, and the times. Quote Link to comment Share on other sites More sharing options...
marmer Posted January 22, 2009 Share Posted January 22, 2009 The never ending saga...This house went under contract yesterday and back to active today.flipperps. I predict this house will sell for less than 200k eventually.Flipper, Would that make it a very attractive teardown? Or is the location going to pretty much limit it to someone who wants to live in that house? Quote Link to comment Share on other sites More sharing options...
flipper Posted January 22, 2009 Share Posted January 22, 2009 Wow, that would be very low, for Meyerland prices. Sounds like the way it is headed, though. I would think because of flood issues, Dan, and the times.I say it mainly because of the location. It's on a busy street. The flooding sure doesn't help though. Meyerland is still strong, save for the glut of new construction currently active.flipper Quote Link to comment Share on other sites More sharing options...
flipper Posted January 22, 2009 Share Posted January 22, 2009 Flipper, Would that make it a very attractive teardown? Or is the location going to pretty much limit it to someone who wants to live in that house?I'm a pretty conservative guy so I will never be tempted to buy a house in a questionable location just because the price is low. I'm continually amazed by builders and investors that will snap up cheap land in bad locations though. That new house on the corner of BW8 & "?" in Memorial Bend comes to mind.There will always be people willing to build their own house or live in the existing house on a busy street. It just takes time, and a low enough price.flipper Quote Link to comment Share on other sites More sharing options...
flipper Posted January 29, 2009 Share Posted January 29, 2009 It's back! New MLS number, refreshed days on market, same price. I think the picture of the front door is new though. Complete with artsy lens flare! flipper Quote Link to comment Share on other sites More sharing options...
sevfiv Posted January 29, 2009 Share Posted January 29, 2009 Complete with artsy lens flare!Was that taken with a camera phone?! It's not hard to take a picture better than that one (unless you're selling the lot and not the home...)http://search.har.com/engine/dispSearch.cf...mp;backButton=Y Quote Link to comment Share on other sites More sharing options...
BenH Posted January 29, 2009 Share Posted January 29, 2009 Actually, the only way to get a halfway decent picture of the front of that house is to either be there at sunrise, or to use lighting. It faces north, so it's almost always in shadow. Either that, or photoshop the hell out of it (that's what I did, and it still doesn't look very good). Quote Link to comment Share on other sites More sharing options...
flipper Posted March 11, 2009 Share Posted March 11, 2009 Reduced to $263,900 today. It's dropping closer to my prediction of a <$200,000 sales price.flipper Quote Link to comment Share on other sites More sharing options...
sabasushi Posted March 18, 2009 Share Posted March 18, 2009 Hmm... so this house isn't lacking for interested buyers, but nobody can swing financing for it. Are people eveyrhwere just having a hard time getting financing for houses (given the fact that we're in a recession), or is there something about this house (foreclouse, too much fixing up required, whatever) that is scaring banks off? Quote Link to comment Share on other sites More sharing options...
flipper Posted March 18, 2009 Share Posted March 18, 2009 Hmm... so this house isn't lacking for interested buyers, but nobody can swing financing for it. Are people eveyrhwere just having a hard time getting financing for houses (given the fact that we're in a recession), or is there something about this house (foreclouse, too much fixing up required, whatever) that is scaring banks off?It's the house, the location and the flood map.flipper Quote Link to comment Share on other sites More sharing options...
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