Friday, July 20, 2012

GEORGEKOPOULOS' units at NCC

It isn't much of a surprise that the 5 Georgekopoulos units have popped up on the 'For Sale' list, at least not considering the serious legal problems that they found themselves in back in Ohio. 
For Ohio arrest information see:   http://georgekopoulos.blogspot.com  The units available are:  #106 $113,500, #205 $99,500, #210 $103,000, #502 $95,000 and #513 at $95,000.  All are considerably overpriced considering the depressed market here at NCC. 

For instance #515 has just been acquired from BOA for $67,000 so asking $95,000 for the two 2/2's from the Georgekopoulos' is not going to result in any quick sales.

I suspect that they will knock them down over the next few weeks so as to get them sold before the Feds grab them.  Bond for each is $350,000.

Previously posted info:  Georgekopolus Media reports from Ohio are: 
"Four Akron-area men are among 10 indicted Thursday in Cuyahoga ... by George Georgekopoulos, 37, of Hinckley; Pete Georgekopoulos, 39, ... " details at:  http://georgekopoulos.blogspot.com/ and
http://tinyurl.com/6q84wbn and http://tinyurl.com/86b5o5j

5 Recent NCC purchases at by the Georgekopolus's are below, now all are for sale as is a house in Lynn Haven:

502 (2/2) purchased by Ted G for $65,000 on 5/06/11 (orig price $160,000 7/07)
205 (3/2) purchased by Ted G for $69,500 on 1/18/12 (orig price $159,900 11/06)
106 (4/3) purchased by Ted G for $83,500 on 2/16/12 (orig price $193,900 11/06)
210 (3/2) purchased by George G $73,000 on 5/6/11 (orig price $179,900 5/07)
513 (2/2) purchased by Elite Enterprises Pete G for $65,000 on 3/20/12 (orig price $152,900 2/07

Also for sale is: 401 Missouri Avenue, Lynn Haven, FL 32444 Ted G MLS #:506998 $139,900
(the bulk of the purchases are for Freddy and Fanny foreclosures) )
Posted by Picasa