Local Real Estate Comments and Ramblings

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Nicolas Cage in default?

Wow!
I guess times are tough all over.  It looks like actor Nicolas Cage is in default on some loans.

Real Estate Company Not Suing Nicolas Cage For Fraud, Just Wants $3 Million Loan Payment

Could it be time for "National Treasure Part 3" ?

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Bob Southard
Broker - Owner  Atlas Realty Service LLC #75911
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Comment balloon 3 commentsBob Southard • December 30 2009 08:39AM

Comments

They are selling some of his property in Newport Beach and Europe.

Posted by Tim Lorenz, 949 874-2247 (TIM LORENZ - Elite Home Sales Team) almost 9 years ago

I just don't understand why people that make this much money can't live within their means.

Posted by Paul Piedra, Commercial Real Estate Specialist (Sabre Realty Group, LLC) almost 9 years ago

I agree with Paul. It's shocking to make that kind of money and spend more than you make. The average person could never fathom, but then again, it has been the American way to get what you want now and pay later, no matter how much money you make.

Posted by Michele Reneau, Realtor, GRI ~ Charleston, SC Relocation Experts Team (Certified Staging Professional (CSP) Elite Instructor) almost 9 years ago

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