March 30, 2009

Remember Ray "Chocolate" Nagin?

Looks like he is as skilled at managing his real estate as he is in managing New Orleans.

According to a Dallas television station, New Orleans Mayor Ray Nagin is in danger of losing his Dallas-area townhome.

At issue is approximately $1,500 in late fees reportedly owed to a homeowner association.

The station, KTVT, reports that Mayor Nagin could lose the home in the suburbs of Dallas over the issue.

The Mayor and his wife own the home in Frisco. It is a 1,700 square foot home that the Mayor purchased after Hurricane Katrina in 2007.

Court papers show that the homeowners association will foreclose on the property April 7.

The court filings also show that the association placed a lien on the townhome back in February.

Posted by: eddiebear at 11:16 AM | No Comments | Add Comment
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