Buyers paid more than $27 million in cash for four of the priciest metro Phoenix houses to sell last week. A Paradise Valley mansion was repurchased by the couple who sold it in February.Jordan Mcforden LLC, led by Michael and Lori Staines, paid cash for a 17,322-square-foot Paradise Valley mansion. Michael is a financial analyst. In February, the couple sold the same house to financial coach Eliot Tabron for $13.7 million. He was the seller in the latest deal. The house on 3.
A Delaware LLC named after the address of the house was the seller.John Salazar paid cash for a 7,230-square-foot north Scottsdale house with five bedrooms and seven bathrooms. The recently remodeled house comes with a wet bar, a 14-foot wall of glass, a wine cellar, a four-car garage and a primary suite with a fireplace. Sohome Arizona sold the property.A Delaware LLC called Kratz bought a new 6,300-square-foot house in north Scottsdale with four bedrooms and five bathrooms.
That sure sounds like a money laundering scheme to me.
Yawn