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That show was how long ago? 15 years? You can try to justify it to yourself all you like. Nothing you are saying makes it right.
Hof post right there!!!! 🤣
There is such a thing as strategic foreclosure - many did so in 2008-2010.
And do every day in every era. The only issue is whether you're in a state that permits deficiency judgments on residential properties, and whether the lender is aggressive about pursuing the difference between a foreclosure sale return and FMV.
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It was Fox, I think they offered him money and they had Fox buy them that property instead. I can’t remember if it was big James, or the bubbas world episode when he’s going thru photos with DC, but they touch on that. RedBull gave him a Bently as a signing bonus at the end of ‘05 when he signed with them.
Careful, I said the same thing on the last page and have 14 downvotes and counting. Shoutout to the 3 upvoters
Ah - I missed that - I just now read it and agree with your points.
Downvotes - yeah - yikes - the horror
If you search JS7 compound it was put up for sell as well and sold to Jeremy Coker properties. Take that for what it's for.
Where did you here this ?
Are we talking video game shit ?
Never have had journalists. Every one there’s ever been was an enthusiast first.
I don't know where you see that. You can find owner / sell history pretty easily and its all owned by JS and has been since 1998 and additional surrounding lots since the early 2000's
So much going on here that we likely won’t ever know all of it. Nor do I care to…
The one thing that really stands out to me is the balance owed is so high after many years of ownership. I’ve bought and sold many homes and it certainly looks out of whack to me.
But it’s his business and that’s that.
It's Florida.
People looking to make a lick off the mass influx of New York excapies?? That reminds me to visit the Coral Castle before it gets bulldozed for development.
Funny, Polk County Property Appraiser still shows Big James as owner on all but one parcel and that one has him and Sonya listed on it. Not sure where you came up with Coker, had you said he bought Matt Walkers old compound I would have believed you as both are linked to Triumph.
I actually have a degree in real estate from the University of Vital. I'm withholding my opinion on the matter.
and then cowardly journalists after that, Bruhn was the only one to fight the octopus
Per the Orange County recorders office, James Stewart Jr is still the owner of the property (it's odd someone with his notoriety and net worth wouldn't have this property in a trust or at minimum a business entity to protect his privacy and his assets?...but what do I know?)
https://ocpaweb.ocpafl.org/parcelsearch
Pit Row
Seems like maybe he took out another loan against the house a couple of years ago and nearly immediately stopped paying towards it. It's real and it was James.
Eh, he had no problem working for the octopus for years and towing the company line
As the "comment hidden" wasn't enough!
I hope James is okay.
Some folks can do interest only loans on homes. He might have had that type of loan. That’s the only info I can add here.
Concerning that he never paid Cole, though. I love having James in the sport, his show was awesome.
Commendable. We all have bad days. Sometimes things go to shit.
Rock Star move.
How long since James has had a steady income, does 7 do that well?
I'd say he has borrowed to prop up that failing business and it's kept going downhill and here we are.
*toeing the line, bro.
Hasn’t James lived on a golf course for a good 5-6 years now? Maybe that house isn’t in his name and whoever it is mismanaged.
Could be his ex-wife/childs mothers home now.
As observed by the content in this thread, clearly that is nowhere near as fun as pure speculation that one of the biggest sensations in our sport ever, is in financial turmoil.
He took out a 3 million dollar loan against the property less than two years ago just to let it get foreclosed?
This was a big part of the 2008 financial crisis. Alot of people in Florida saw the value of their homes double as interest rates lowered so they refinanced for a larger principle value at similar payment and spent the rest of the money, tried to sell at the higher price, market crashed, no sales so they just walked away from the house.
we don't call them degrees. we call them certificates of attendance. You didn't learn a thing, but we applaud you for showing up.
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