The Southern Oaks house where David Crisp has been staying in recent months — after the once high-flying Realtor lost all of his own properties to foreclosure — fell into default Tuesday, county records show.
The property at 9808 Fitzgerald Drive is owned by real estate broker David “Ty” Stewart.
“I’d like to keep it if I could,” Stewart said, “so I don’t have to evict a tenant who can’t pay rent.” Monthly payments are $4,500, Stewart said, and the interest rate is 12.5 percent.
The house is also worth $200,000 less than Stewart bought it for, he said,
because of the declining market.
“I’m just a victim” of the down economy “who’s struggling like everyone
else,” he said.
Maybe a victim of greed and hubris?