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Turbo Timmy can't sell his house

Discussion in 'Sports and News' started by poindexter, Jul 27, 2009.

  1. poindexter

    poindexter Well-Known Member


    Tim Geitner tries to sell his house, he lowered the price a whopping $60,000 on a $1.6 million listing (3.75%). After stalling, he took it off the market for a rental.

    After leaving the tony New York City suburb of Mamaroneck to take his new post in Washington, D.C., Geithner put his five-bedroom Tudor home on the market for $1.635 million.

    That was in February. By May, he cut the price $60,000 but still got no takers. A few weeks later, May 21, the home in New York's Westchester County was reportedly rented for $7,500 a month.
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