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Thursday, December 23, 2010 12:29:56 AM
http://www.azcentral.com/business/realestate/articles/2010/02/24/20100224biz-donedeals0224.html
$2,890,000.
Roger and Stephanie Pawson paid cash for a seven-bedroom, nine-bath, 11,049-square-foot home east of Scottsdale Ranch Park in Scottsdale. It features 9-foot flat ceilings, a wet bar, an elevator, a pool and a covered patio. Roger Pawson was the president and chief executive officer of National Developers in Arizona, which specialized in the design and construction of custom homes, shopping malls and strip centers. The home was sold by J.B. Martoccia and Melissa L. Martoccia as trustees of the Martoccia Living Trust. John Martoccia is president and Melissa Martoccia is secretary of Scottsdale Fine Landscaping in Scottsdale.
Found the public document you are talking about.
http://recorder.maricopa.gov/recdocdata/UnofficialPdfDocs.aspx?rec=20100123969&pg=1&cls=RecorderDocuments&suf=
$390,549 paid at the signing on February 10, 2010
$2,000,000 paid under the previous conditions of the Note on the deed from 2007 ($12,845.67/month I believe)
$499,450 paid in installments of $1,527 per month plus a principal payment of $100,000 on March 1, 2010. With the whole $499,450 balance paid in full by January 28, 2011.
From what I've heard he didn't have that much money 3 years ago. Where is all this money coming from I wonder.
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