Yeah, 449k, but only AFTER the settling/foundation has been fixed. btw, who would pay him 200k more than he bought it a few months ago? I smell a lawsuit if the new owners don’t know about the foundation.
I don’t think he will even net the 30k. He had to pay the taxes…
I havn’t heard anything about them, but yeah the next banks to go are the banks that over did the commercial/development loans.
What a dumb-dumb. Well, at least he is young enough to start over.
But it’s idiots like these that helped fuel the flipping bubble.
