The Sleeper awaken by the Lender

Foreclosure threatens the luxury homeowners, again. Bayview Loan Servicing LLC made a foreclosure filing against the luxury home on 855 Visionary Trail, Golden, CO 80401. The address may sound very familiar to lots of people. They know the home that is located there as the "Sleeper House" or Sculptured House. The home, built by architect Charles Deaton in 1963 is a distinctive elliptical curved house that featured in the 1973 Woody Allen sci-fi comedy, Sleeper and since then it is inevitably linked to futurism and UFOs.
The architect, Deaton never occupied the home and sold it to John Huggins in 1999 for $1.33 million. He poured in additional funds and drew on the services of the Praxis Design team of Nicholas Antonopoulos and Charlee Deaton and completed a planned extension. The home now has 7,000 square feet of living space: five bedrooms, five bathrooms and a four car garage.
Huggins sold the house in 2006 for $3.43 million to Dunahay, a Denver businessman, founder of Vacation Solutions. Dunahay got a a $3.13 million mortgage on it from Bayview Loan Servicing LLC and according to the foreclosure filing he still owes $2.77 million of that amount. The foreclosure filing was made against the home in JUne by the Lender. Bayview previously initiated foreclosure action against the house back in 2009, but withdrew it last May as the county foreclosure records show.
In a foreclosure process, the foreclosure filing with a county public trustee’s office represents the first step. And if the mortgage debt is still not paid, the home is sold at auction.

Category : Distressed Luxury Real Estate News