Comments on: Sexton Condos: Circling the Drain, Facing Possible Foreclosure http://www.behindthemortgage.com/2007/07/sexton-condos-circling-the-drain-facing-possible-foreclosure.html Alex Stenback | Twin Cities Blog on Mortgages, Rates, and Real Estate Sun, 07 Feb 2010 23:24:57 +0000 http://wordpress.org/?v=abc hourly 1 By: Ex Employee http://www.behindthemortgage.com/2007/07/sexton-condos-circling-the-drain-facing-possible-foreclosure.html/comment-page-1#comment-570 Ex Employee Fri, 21 Dec 2007 17:44:54 +0000 http://dev.multiplycommunications.com/btm/2007/07/sexton-condos-circling-the-drain-facing-possible-foreclosure/#comment-570 The truth is that the media has only touched on the real truth behind this story! I used to work for Brett Thielen and I could tell you stories. FACTS. FACTS THAT I CAN PROVE! The truth is that the media has only touched on the real truth behind this story! I used to work for Brett Thielen and I could tell you stories. FACTS. FACTS THAT I CAN PROVE!

]]> By: Editor http://www.behindthemortgage.com/2007/07/sexton-condos-circling-the-drain-facing-possible-foreclosure.html/comment-page-1#comment-502 Editor Mon, 16 Jul 2007 16:21:19 +0000 http://dev.multiplycommunications.com/btm/2007/07/sexton-condos-circling-the-drain-facing-possible-foreclosure/#comment-502 Kristin, Taken at face value, there looks to be a fair bit of ax-grinding in that post, with no actual evidence - just pure assertion, so I have edited out the name of the person you are accusing of nefarious behavior. You are welcome to email me offline with any further comments. Kristin,

Taken at face value, there looks to be a fair bit of ax-grinding in that post, with no actual evidence – just pure assertion, so I have edited out the name of the person you are accusing of nefarious behavior.

You are welcome to email me offline with any further comments.

]]> By: Kristin http://www.behindthemortgage.com/2007/07/sexton-condos-circling-the-drain-facing-possible-foreclosure.html/comment-page-1#comment-501 Kristin Fri, 13 Jul 2007 15:46:38 +0000 http://dev.multiplycommunications.com/btm/2007/07/sexton-condos-circling-the-drain-facing-possible-foreclosure/#comment-501 Yeah ive heard about this project for quite some time now and I've heard that there are other litigations going on with one of the former realtors [redacted]. Doesn't he own part of the [redacted]? I remember [redacted] trying to sell these crappy units to me. He told me a sales price on a unit that I was interested in and then I went home and checked the sextonlive.com website and saw that the unit was pricing about 60k less than what he quoted me. I think [redacted] should be in the article with JJT, Heather, and Medved. Its a real sad story because the units were very fairly price and would be a much more viable option for first time home buyers who wanted to live downtown. Did anyone else get tricked into a higher sales price by [redacted]? Yeah ive heard about this project for quite some time now and I’ve heard that there are other litigations going on with one of the former realtors [redacted]. Doesn’t he own part of the [redacted]? I remember [redacted] trying to sell these crappy units to me. He told me a sales price on a unit that I was interested in and then I went home and checked the sextonlive.com website and saw that the unit was pricing about 60k less than what he quoted me. I think [redacted] should be in the article with JJT, Heather, and Medved. Its a real sad story because the units were very fairly price and would be a much more viable option for first time home buyers who wanted to live downtown. Did anyone else get tricked into a higher sales price by [redacted]?

]]> By: Alexis http://www.behindthemortgage.com/2007/07/sexton-condos-circling-the-drain-facing-possible-foreclosure.html/comment-page-1#comment-500 Alexis Wed, 11 Jul 2007 20:52:05 +0000 http://dev.multiplycommunications.com/btm/2007/07/sexton-condos-circling-the-drain-facing-possible-foreclosure/#comment-500 Ouch. Graphic made me laugh, BTW, Alex. Ouch.

Graphic made me laugh, BTW, Alex.

]]> By: Editor http://www.behindthemortgage.com/2007/07/sexton-condos-circling-the-drain-facing-possible-foreclosure.html/comment-page-1#comment-499 Editor Tue, 10 Jul 2007 18:55:28 +0000 http://dev.multiplycommunications.com/btm/2007/07/sexton-condos-circling-the-drain-facing-possible-foreclosure/#comment-499 Sad thing is, I actually like this building, and it has a lot going for it for a non-mill district or North Loop spot. The marketing and sales efforts are absolutely what screwed this project up - no transparency, way too many investors who were over promised, and investor-buyers, flippers etc. who were cronies of the developers and some of the agents. Were this project properly priced and marketed, it would have been a downtown success story. In our opinion this is what happens when you have rank amateurs trying to hit a home run in real estate. Sad thing is, I actually like this building, and it has a lot going for it for a non-mill district or North Loop spot.

The marketing and sales efforts are absolutely what screwed this project up – no transparency, way too many investors who were over promised, and investor-buyers, flippers etc. who were cronies of the developers and some of the agents.

Were this project properly priced and marketed, it would have been a downtown success story. In our opinion this is what happens when you have rank amateurs trying to hit a home run in real estate.

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