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Re: Fwd: Havencrest
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J
J. Epstein Nov 12, 2007 12:35 PM
To
<DKIESQ@aol.com>
I read her e mail ,, is I have no one other than you , who is willing to pay this high price
----- Original Message ----
From: "DKIESQ@aol.com" <DKIESQ@aol.com>
To: jeeproject@yahoo.com
Sent: Sunday, November 11, 2007 9:44:55 PM
Subject: Fwd: Havencrest
-----Inline Message Follows-----
From: DKIESQ@aol.com [mailto:DKIESQ@aol.com]
Sent: Sun 11/11/2007 4:26 PM
To: Sharon E A Hupprich
Subject: Havencrest
From: DKIESQ@aol.com [mailto:DKIESQ@aol.com]
Sent: Sun 11/11/2007 4:26 PM
To: Sharon E A Hupprich
Subject: Havencrest
From: "DKIESQ@aol.com" <DKIESQ@aol.com>
To: jeeproject@yahoo.com
Sent: Sunday, November 11, 2007 9:44:55 PM
Subject: Fwd: Havencrest
fyi
Darren K. Indyke
Attorney-At-Law
457 Madison Avenue
4th Floor
New York, New York 10022
Tel: 212-750-1176
Fax: 212-750-0381
e-mail: dkiesq@aol.com
------------------------------
IRS Circular 230 Legend: Any advice contained herein was not intended or written to be used, and cannot be used, for the purpose of avoiding U.S. federal, state, or local tax penalties. Unless otherwise specifically indicated above, you should assume that any statement in this email relating to any U.S. federal, state, or local tax matter was written in connection with the promotion or marketing by other parties of the transaction(s) or matter(s) addressed in this email. Each taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor.
=================================================================
Confidentiality Notice: This communication and any attachments contain information from Darren K. Indyke, Esq. that constitute attorney work product or that are otherwise confidential and/or privileged. Except for personal use by the intended recipient, or as expressly authorized by the sender, any person who receives this information is prohibited from disclosing, copying, distributing, and/or using it. If you have received this communication in error, please immediately delete it and all copies, and promptly notify the sender at the above telephone number or electronic mail address. Nothing in this communication is intended to operate as an electronic signature under applicable law.
=================================================================
Attorney-At-Law
457 Madison Avenue
4th Floor
New York, New York 10022
Tel: 212-750-1176
Fax: 212-750-0381
e-mail: dkiesq@aol.com
------------------------------
IRS Circular 230 Legend: Any advice contained herein was not intended or written to be used, and cannot be used, for the purpose of avoiding U.S. federal, state, or local tax penalties. Unless otherwise specifically indicated above, you should assume that any statement in this email relating to any U.S. federal, state, or local tax matter was written in connection with the promotion or marketing by other parties of the transaction(s) or matter(s) addressed in this email. Each taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor.
=================================================================
Confidentiality Notice: This communication and any attachments contain information from Darren K. Indyke, Esq. that constitute attorney work product or that are otherwise confidential and/or privileged. Except for personal use by the intended recipient, or as expressly authorized by the sender, any person who receives this information is prohibited from disclosing, copying, distributing, and/or using it. If you have received this communication in error, please immediately delete it and all copies, and promptly notify the sender at the above telephone number or electronic mail address. Nothing in this communication is intended to operate as an electronic signature under applicable law.
=================================================================
-----Inline Message Follows-----
darren, i am going to give this over night and talk to you about this in the morning.
I am being quite honest with you and tell you that this is truly an insult to offer the seller exactly what he paid for it when he did improvements such as the rooms downstairs, pool re-surfacing, painting etc.
At $2.5 I would have several buyers that would see past all of the immediate renovations and realize that with that square footage they are stealing the house.
I beg to differ that a relevant starting price is the sale price from 2003. It simply has no bearing on current market value. Appraisers would never take into consideration a sale from 4 years ago. So, why would this be relevant?
I am arguing this case for the simple fact that this is the right home for you and your family. With the right renovations, it will be a great re-sale (and that assumes that you will actually leave here in 2-3 years). And I don't want you to completely alienate the seller which you will with this low ball fire sale offer.
Please take a deep breath and let's talk in the morning. I will be in my office at 7:30 a.m. Thanks. sharon
Warm Regards,
Sharon E. A. Hupprich
Broker-Owner
www.CalypsoRealty.com
Calypso Realty, P.C.
P.O. Box 12178 St. Thomas, VI 00801-5178
http://www.CalypsoRealty.com
voice 340 774-1620 fax 340 774 1634
or my licensed Sales Assistant: Barbara Weatherbee
Barbara@CalypsoRealty.com
Living Island-style!!
Sharon E. A. Hupprich
Broker-Owner
www.CalypsoRealty.com
Calypso Realty, P.C.
P.O. Box 12178 St. Thomas, VI 00801-5178
http://www.CalypsoRealty.com
voice 340 774-1620 fax 340 774 1634
or my licensed Sales Assistant: Barbara Weatherbee
Barbara@CalypsoRealty.com
Living Island-style!!
From: DKIESQ@aol.com [mailto:DKIESQ@aol.com]
Sent: Sun 11/11/2007 4:26 PM
To: Sharon E A Hupprich
Subject: Havencrest
Sharon,
Here is where we are with Havencrest
Not waterfront
Not the area that people who have the money to buy are looking to buy in. E.g., water point.
Extensive renovations would be required to resell, even if we were willing to live in it for a period of time with only the renovations that we discussed. The cheap pink marble floor simply won't sell.
If the house were fine in its present state, then there would have been some offer, even at a reduced price, in the past year and a half by someone with vision to renovate and there has not been.
EDC money is just not available for this house.
The house sold three years ago at $2.5 million not the three million that we were advised. This is the relevant starting price for determining market value
The furniture does nothing for us and would have to be replaced anyway.
Air conditioners are in various states of repair and are pretty loud in their present condition
None of the renovations discussed even address the disrepair of the exterior patio surfaces which will also require replacement.
The most money paid in the last 18 mos was for a house with a half acre more property and there were only a few houses sold in the low three million range in any event.
Under the circumstances, especially with the EDC money dried up, we cannot justify an offer at more than the $2.5 paid when EDC buyers were actually in supply.
I have been given 5 days to get a deal done in this price range or else I have to wait for something more appropriate to come on the market.
Please let the seller know where we stand as I have a short time leash to get a deal done.
Darren K. Indyke
Attorney-At-Law
457 Madison Avenue
4th Floor
New York, New York 10022
Tel: 212-750-1176
Fax: 212-750-0381
e-mail: dkiesq@aol.com
------------------------------
IRS Circular 230 Legend: Any advice contained herein was not intended or written to be used, and cannot be used, for the purpose of avoiding U.S. federal, state, or local tax penalties. Unless otherwise specifically indicated above, you should assume that any statement in this email relating to any U.S. federal, state, or local tax matter was written in connection with the promotion or marketing by other parties of the transaction(s) or matter(s) addressed in this email. Each taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor.
=================================================================
Confidentiality Notice: This communication and any attachments contain information from Darren K. Indyke, Esq. that constitute attorney work product or that are otherwise confidential and/or privileged. Except for personal use by the intended recipient, or as expressly authorized by the sender, any person who receives this information is prohibited from disclosing, copying, distributing, and/or using it. If you have received this communication in error, please immediately delete it and all copies, and promptly notify the sender at the above telephone number or electronic mail address. Nothing in this communication is intended to operate as an electronic signature under applicable law.
=================================================================
Attorney-At-Law
457 Madison Avenue
4th Floor
New York, New York 10022
Tel: 212-750-1176
Fax: 212-750-0381
e-mail: dkiesq@aol.com
------------------------------
IRS Circular 230 Legend: Any advice contained herein was not intended or written to be used, and cannot be used, for the purpose of avoiding U.S. federal, state, or local tax penalties. Unless otherwise specifically indicated above, you should assume that any statement in this email relating to any U.S. federal, state, or local tax matter was written in connection with the promotion or marketing by other parties of the transaction(s) or matter(s) addressed in this email. Each taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor.
=================================================================
Confidentiality Notice: This communication and any attachments contain information from Darren K. Indyke, Esq. that constitute attorney work product or that are otherwise confidential and/or privileged. Except for personal use by the intended recipient, or as expressly authorized by the sender, any person who receives this information is prohibited from disclosing, copying, distributing, and/or using it. If you have received this communication in error, please immediately delete it and all copies, and promptly notify the sender at the above telephone number or electronic mail address. Nothing in this communication is intended to operate as an electronic signature under applicable law.
=================================================================
darren, i am going to give this over night and talk to you about this in the morning.
I am being quite honest with you and tell you that this is truly an insult to offer the seller exactly what he paid for it when he did improvements such as the rooms downstairs, pool re-surfacing, painting etc.
At $2.5 I would have several buyers that would see past all of the immediate renovations and realize that with that square footage they are stealing the house.
I beg to differ that a relevant starting price is the sale price from 2003. It simply has no bearing on current market value. Appraisers would never take into consideration a sale from 4 years ago. So, why would this be relevant?
I am arguing this case for the simple fact that this is the right home for you and your family. With the right renovations, it will be a great re-sale (and that assumes that you will actually leave here in 2-3 years). And I don't want you to completely alienate the seller which you will with this low ball fire sale offer.
Please take a deep breath and let's talk in the morning. I will be in my office at 7:30 a.m. Thanks. sharon
Warm Regards,
Sharon E. A. Hupprich
Broker-Owner
www.CalypsoRealty.com
Calypso Realty, P.C.
P.O. Box 12178 St. Thomas, VI 00801-5178
http://www.CalypsoRealty.com
voice 340 774-1620 fax 340 774 1634
or my licensed Sales Assistant: Barbara Weatherbee
Barbara@CalypsoRealty.com
Living Island-style!!
Sharon E. A. Hupprich
Broker-Owner
www.CalypsoRealty.com
Calypso Realty, P.C.
P.O. Box 12178 St. Thomas, VI 00801-5178
http://www.CalypsoRealty.com
voice 340 774-1620 fax 340 774 1634
or my licensed Sales Assistant: Barbara Weatherbee
Barbara@CalypsoRealty.com
Living Island-style!!
From: DKIESQ@aol.com [mailto:DKIESQ@aol.com]
Sent: Sun 11/11/2007 4:26 PM
To: Sharon E A Hupprich
Subject: Havencrest
Sharon,
Here is where we are with Havencrest
Not waterfront
Not the area that people who have the money to buy are looking to buy in. E.g., water point.
Extensive renovations would be required to resell, even if we were willing to live in it for a period of time with only the renovations that we discussed. The cheap pink marble floor simply won't sell.
If the house were fine in its present state, then there would have been some offer, even at a reduced price, in the past year and a half by someone with vision to renovate and there has not been.
EDC money is just not available for this house.
The house sold three years ago at $2.5 million not the three million that we were advised. This is the relevant starting price for determining market value
The furniture does nothing for us and would have to be replaced anyway.
Air conditioners are in various states of repair and are pretty loud in their present condition
None of the renovations discussed even address the disrepair of the exterior patio surfaces which will also require replacement.
The most money paid in the last 18 mos was for a house with a half acre more property and there were only a few houses sold in the low three million range in any event.
Under the circumstances, especially with the EDC money dried up, we cannot justify an offer at more than the $2.5 paid when EDC buyers were actually in supply.
I have been given 5 days to get a deal done in this price range or else I have to wait for something more appropriate to come on the market.
Please let the seller know where we stand as I have a short time leash to get a deal done.
Darren K. Indyke
Attorney-At-Law
457 Madison Avenue
4th Floor
New York, New York 10022
Tel: 212-750-1176
Fax: 212-750-0381
e-mail: dkiesq@aol.com
------------------------------
IRS Circular 230 Legend: Any advice contained herein was not intended or written to be used, and cannot be used, for the purpose of avoiding U.S. federal, state, or local tax penalties. Unless otherwise specifically indicated above, you should assume that any statement in this email relating to any U.S. federal, state, or local tax matter was written in connection with the promotion or marketing by other parties of the transaction(s) or matter(s) addressed in this email. Each taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor.
=================================================================
Confidentiality Notice: This communication and any attachments contain information from Darren K. Indyke, Esq. that constitute attorney work product or that are otherwise confidential and/or privileged. Except for personal use by the intended recipient, or as expressly authorized by the sender, any person who receives this information is prohibited from disclosing, copying, distributing, and/or using it. If you have received this communication in error, please immediately delete it and all copies, and promptly notify the sender at the above telephone number or electronic mail address. Nothing in this communication is intended to operate as an electronic signature under applicable law.
=================================================================
Attorney-At-Law
457 Madison Avenue
4th Floor
New York, New York 10022
Tel: 212-750-1176
Fax: 212-750-0381
e-mail: dkiesq@aol.com
------------------------------
IRS Circular 230 Legend: Any advice contained herein was not intended or written to be used, and cannot be used, for the purpose of avoiding U.S. federal, state, or local tax penalties. Unless otherwise specifically indicated above, you should assume that any statement in this email relating to any U.S. federal, state, or local tax matter was written in connection with the promotion or marketing by other parties of the transaction(s) or matter(s) addressed in this email. Each taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor.
=================================================================
Confidentiality Notice: This communication and any attachments contain information from Darren K. Indyke, Esq. that constitute attorney work product or that are otherwise confidential and/or privileged. Except for personal use by the intended recipient, or as expressly authorized by the sender, any person who receives this information is prohibited from disclosing, copying, distributing, and/or using it. If you have received this communication in error, please immediately delete it and all copies, and promptly notify the sender at the above telephone number or electronic mail address. Nothing in this communication is intended to operate as an electronic signature under applicable law.
=================================================================