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Re: Frankfurter post# 54429

Wednesday, 06/21/2017 10:49:34 AM

Wednesday, June 21, 2017 10:49:34 AM

Post# of 61041
My bad, they only owe $11,635. https://investorshub.advfn.com/boards/read_msg.aspx?message_id=132234187

That said, they have claimed that the property is 5 acres, when, in fact, it is only 0.51 acres.

And, it is only assessed at $311,000. Zillow thinks it is worth about $490,000. Meanwhile, they supposedly have it for sale for $5 million, yet there is no listing on the MLS, or with the brokerage firm that drew up the listing agreement. Was that for show or shit and giggles? Like the faked loan agreements?

You are right. It is "total bs". Why would they not pay the taxes when they're due, instead of being habitually late, and having to pay added penalties and interest, as can be seen has been the case for years.

Sounds like they are incompetent business people, or cash poor, or both. Witness that they lost both the Hotel Marion and the old St Joseph Hospital and received nary a penny, but incurred many $ millions in losses.
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What a mess!