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Re: BeachBum post# 74773

Thursday, 10/25/2012 4:10:14 PM

Thursday, October 25, 2012 4:10:14 PM

Post# of 97615
Fallacaro's Fourth Fabulous Folly: Foreclosure.

Looks like they paid around 2.65 million > value on purchase date was around 2.3
http://www.sc-pa.com/search/parcel_detail.asp?propid=0077-03-0003&year=2006

Value down to $934,000 > OUCH!!
http://www.sc-pa.com/search/parcel_detail.asp?propid=0077-03-0003&year=2012

Mortgage Docs > http://www.clerk.co.sarasota.fl.us/oprapp/cache/2006080108.pdf

Must be nice = Jimmy put in a boat lift
http://www.clerk.co.sarasota.fl.us/oprapp/cache/2006129767.pdf

Foreclosure notice
http://www.clerk.co.sarasota.fl.us/oprapp/cache/2008140748.pdf

Dismissal of foreclosure notice
http://www.clerk.co.sarasota.fl.us/oprapp/cache/2009045706.pdf

Actually the foreclosure wasn't dismissed; it was dismissed as to James. Not Corinne. This is the house:

http://www.trulia.com/homes/Florida/Sarasota/sold/25161870-1304-N-Lake-Shore-Dr-Sarasota-FL-34231

http://www.homes.com/Home-Prices/ID-200004668909/1304-N-LAKE-SHORE-DR/

http://www.realtytrac.com/property/fl/sarasota/34231/1304-n-lake-shore-dr/10255556

The price estimates are all over the place. But the Fallacaros lost big time. Made it up selling shares.