Monday, September 6, 2010

Tiger Woods celebrity mortgage news: single and in debt

Tiger Woods takes out �36m mortgage to fund bachelor pad - Bridging And Commercial: "Woods’ mansion, named Sand Turtle, is under construction on the millionaire playground, Jupiter Island – reportedly the most expensive residential area in all of America. Once finished, the 10,000 sq ft new build will take up 12 acres and boast a tennis court, oxygen therapy room, a fitness centre and several swimming pools.
The property has been reportedly mortgaged to finance Woods’ divorce settlement with his ex-wife, the�model Elin Nordegren. The divorce comes after Woods’ personal life became the subject of media frenzy last autumn.
The mortgage is said to have been filed with the Martin County Clerk of Courts, and Woods has agreed to pay back the loan to JRD Florida Ventures LLC by January 15, 2016."

Click on title link to read full article.

How to get sex treatment therapy like Tiger Woods

Additional article by hollywood 4 days ago lists payments to be about 10 million dollars a year. They reported the loan to be 54.5 million rather than 36 million.

1 comment:

Tony said...

Equity release schemes – also called lifetime mortgages, home reversion or home income plans – are a way of releasing cash, whether to buy that new car, to pay for a holiday or home improvements, or simply to make daily life more comfortable.