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Name:   pford - Email Member
Subject:   Scrushy
Date:   6/18/2009 12:01:47 PM

Judge: Richard Scrushy is responsible for HealthSouth fraud.Former HealthSouth Corp. boss Richard Scrushy was ordered to pay the company $2.87 billion, after a Jefferson County judge ruled today he was responsible for the company's fraud.





Name:   Feb - Email Member
Subject:   Lake Martin Related
Date:   6/18/2009 12:15:11 PM

I would assume the Lake Martin place will be on the market now. Just a guess.

If so, it will be nice to see the listing price.



Name:   lucky67 - Email Member
Subject:   Lake Martin Related
Date:   6/18/2009 3:19:43 PM

HAVE TO SELL FOR CASH--NEVER WOULD APPRAISE



Name:   pontoon - Email Member
Subject:   Lake Martin Related
Date:   6/18/2009 3:58:41 PM

It would make a sweet Bed & Breakfast of even hotel
How about breaking it up & selling wings as condo's
Hmmmmm.....



Name:   Rooster - Email Member
Subject:   Lake Martin Related
Date:   6/18/2009 4:09:16 PM

An offer of 5 mil would get your phone call returned.



Name:   Ulysses E. McGill - Email Member
Subject:   Lake Martin Related
Date:   6/18/2009 4:13:34 PM

Everything will appraise, it's just a matter of how much and who will put up the money. In the case of a property like that, any serious potential buyer will have access to personal financing with plenty of collateral anyway.



Name:   pontoon - Email Member
Subject:   Lake Martin Related
Date:   6/18/2009 7:38:30 PM

What do you suppose it cost per month to keep it up?
$ 4000 electric bill
$ 1000 yard man
$ 2000 Prop Tax
$ 2000 Misc fix broken stuff

Arrg... You can have it

Mow the ugly thing down & sell the lots





Name:   Freshwater Bay Girl - Email Member
Subject:   Elite B & B
Date:   6/18/2009 8:14:30 PM

I thought the same thing. It could be privately run with a % going back to the debt of what he took from stock holders.



Name:   muddauber - Email Member
Subject:   Lake Martin Related
Date:   6/19/2009 6:39:48 AM

Last time I saw it, it would take much more than 2k to get things back to shape. Just all the normal stuff a house needs. House like that needs regular maintenance.
It is up for sale, has been for quite a while. Just not listed.



Name:   Julio - Email Member
Subject:   Lake Martin Related
Date:   6/19/2009 11:33:55 AM

muddauber, how do you know it's up for sale? (I'm not saying it isn't, I'm just curious.) If it's up for sale, how much are they asking?



Name:   muddauber - Email Member
Subject:   Lake Martin Related
Date:   6/20/2009 7:32:50 AM

As of several months ago it was listed with a B'ham agency. Presuming it still is. With Russell Lands partnering with ERA and it's national/international advertising, that may have changed. Wouldn't surprise me if it did.



Name:   John C - Email Member
Subject:   Lake Martin Related
Date:   6/20/2009 10:16:16 PM

this is news to me, too. What Bham agency? And by the way, if it is for sale, it's going to take more than national advertising to sell it, IMO.



Name:   Julio - Email Member
Subject:   Lake Martin Related
Date:   6/22/2009 9:34:10 PM

Nothin' personal muddauber, but I'm gonna have to put a little more faith in John C.. If that place was listed for sale, I think he of all people would know about it. John C., do you have any estimate about what the place would (or should) list for if it did go up for sale?



Name:   water_watcher - Email Member
Subject:   Lake Martin Related
Date:   6/23/2009 1:39:09 PM

$14 million







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