Thorold property must be a mess
Post# of 43066
(Total Views: 206)
Posted On: 02/06/2017 1:54:44 PM
Geez Louise, it's been in default, Heddle has clearly done nothing to the property.
The mortgage balance isn't being paid and rising... so that lienholder is demanding to be paid first.
Other leinholders exist so there could easily be many complications that would chill a prospective buyer.
I really couldn't imagine he'd be able to sell considering he refuses to deal with the mortgage in default, instead taking $600,000 at 15% to pay interest to related parties and issue MOU extensions?
How circular can it get?
Too bad he doesn't seem at all serious about any aspect of pto.
The mortgage balance isn't being paid and rising... so that lienholder is demanding to be paid first.
Other leinholders exist so there could easily be many complications that would chill a prospective buyer.
I really couldn't imagine he'd be able to sell considering he refuses to deal with the mortgage in default, instead taking $600,000 at 15% to pay interest to related parties and issue MOU extensions?
How circular can it get?
Too bad he doesn't seem at all serious about any aspect of pto.
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