What do you mean no one wants a Shannon Beador update? Well I am going to give you one anyway. I’d forgotten she even existed until one of my spies sent me a new real estate listing. Every time I look at the listing photos of this house, all I can think about is how it is on just a smidge over a half an acre of land. The photos somehow make it look like a huge estate. How do you cram all of that over the top grandiosity on half an acre?
But on to the point of this post. First, let’s review the point of another post I made just over one month ago:
The Beador’s house is back on the market. They built their home to their specifications and it was finished in 2012. They put in on the market less than a year later in 2013 for $15,990,000. Very quickly the price dropped to $13,498,000. After Shannon’s first season aired, the house dropped in price to $12,990,000. The new price is $11,898,000. That’s four million dollars in price reductions! It’s like no one wants a house with crystals in the walls to eliminate any bad energy in the house. Newsflash to those of you building homes: Apparently that does not work.
And now, permit me to overshare a personal matter that I find relevant to this situation. Back at the end of summer 2015 I decided that I was going to take a part of my savings and invest it online. Despite everyone with a brain in their heads telling me not too, I forged ahead with dreams of making a good investment and making buckets of money. I told myself that if I lost money. I’d still be fine, because my ad income from WordPress was paying my expenses for the most part. And it wasn’t all of my savings. Then the WP ad revenue went to shit, so we went through that whole moving process that I still have to work on to this day. That was in September. I have not been paid since the move. For the past for months, I’ve been living on savings. I have been told to expect a check next week. In the meantime, I ran up some bills during my mental health break that are due next week as well. It’s going to be a close call. It would not be a problem at all if I just sold my stocks. However, there has been a huge stock market crash and I am bleeding money in that account. So I am going to have to wait that out and not sell. Never fear, I have little stashes of emergency money here and there because I suffer from Fear of Being A Bag Lady Disease. I have rearranged them into my checking and will be fine to pay my bills next week.
I overshare all of that to point out that it would be financially stupid of me to sell the stocks this week. I think it is smarter to wait things out and just leave things alone until the global economy gets its act together. Eventually oil will go back up and the ship will right itself. I’m not desperate to sell. I have other options. So why don’t the Beadors?
The Beadors have dropped the price of their house to $819 a square foot in one of the most prestigious neighborhoods in their area. The new price is $10,898,00. To me, that is a fire sale. They seem really desperate to sell that house. But why? I cannot believe they need the cash. Shannon’s daddy would fix any financial problems and Shannon should be loaded anyway. There is no financial reason for them to take a loss. Just like it would make no sense to me to take a loss on a smaller scale, it makes even less sense for them to sell at this price. The prudent move is to take the house off the market, live in the organically decided house with the crystals in the walls with their three girls who are very active in their schools and wait things out a couple of years for the demand in the neighborhood to increase. I can only assume they have some sort of financial expert who has pointed this out. So why are they not listening?
Generally, poor financial decisions come from an emotion source, a wedding, a lifelong dream for a boat, or a car, or a vacation, wanting to keep up with the Jones etc. I don’t see any of those applying. So I am going to offer two more scenarios.
The price of this house has been dropping like a rock since David cheated. Oh, you may not have heard, but David cheated on Shannon. I can’t for the life of me imagine why.
Option One: David either screwed the mistress in the house, or she lives in the neighborhood. I could see myself wanting to flee the house if I were in Shannon’s situation. However, if this were the case, I would have done it the day I found out. I would have already moved out either to a new place or home with my Daddy. But that has not happened.And the house was for sale before the cheating was discovered. Although the marriage was clearly going south at the time of the first listing.
Option Two: Impending divorce and the need to separate and liquidate as many assets as possible. I’ve been saying this for a while. These two have been trying way too hard to prove to us that they are so very happy together. I do not believe them. I checked Shannon’s Facebook this morning and pulled the photo above. When I look at that photo I hear Shannon screeching, “No, take another one, and David, this time, Look Me In The EYE!” There are many more like it. Nearly every day there is a photo of the happy family doing things together. When is David working?
Nothing about this relationship seems genuine to me. Nothing about drastic price decreases on a house that Shannon built to accommodate all of her health neuroses, crystals in the walls and non-toxic building materials, makes sense. I guess there is a third option, and that is that it is extremely overpriced and they were hoping to make a ton of money off the house being on the show. But with all the weird stuff Shannon did during building, I really think she planned to live there until the girls moved out.
I’m probably over thinking this. I am just very curious when rich people seem to be making strange financial decisions. Remember what I said about Yolanda and David? And at time the whole “My king, my love” thing was going on. This all just seems very familiar to me. Stay tuned…