Times Square Bomber's Home Auction Fizzles

Updated
Lender wins auction of Faisal Shahzad's Connecticut home
Lender wins auction of Faisal Shahzad's Connecticut home

Confessed Times Square bomber Faisal Shahzad may be infamous for an attempt to detonate a car bomb in Manhattan's busiest plaza, but the foreclosure sale of his former Connecticut home ended like most auctions these days -- back in the hands of the bank.

At this past weekend's foreclosure auction, no one countered the $227,400 bid by Shahzad's lender, Chase Home Finance LLC, for the three-bedroom Shelton, Conn. residence, reports Bloomberg.

The home went into foreclosure after Shahzad, who is in jail with five felony charges, failed to repay the $213,000 owed by July 31.The confessed bomber stopped making his mortgage payments in June of last year, around the time federal authorities say he traveled to Pakistan to visit a terrorism training camp.

But the interested bidders said the fact a terrorist once lived in the house didn't dissuade them.


Originally published