PAGE 4 October 17, 2007
The Newscaster/Nature Coast News
A Look Back - Continued from page 1
Real Estate Today
am not sure where the right of way was considered nearly half a century ago but folks parked
How To Avoid Fraud, Schemes, And Scams
their vehicles in front of all the businesses way back then as evidenced in the picture.
Parking in front of the businesses in 1960 was the order of the day. The dust was a serious
gage pay off, the original mortgage is paid off
A Guest Commentary by Darryl Diamond
problem. Some of the following info may be inaccurate but here is a trip down memory lane.
when the home is closed. If the home can not
Shown in the foreground right side was Otto Brandt's Gas Station, later Damron's Garage,
be sold right away it is rented with an option
Real Estate has slowed down which
then Dave's Gulf (Thompson), next was the old barn where Will Long played his fiddle for
to sell to the renter in the next
has made many sellers desperate. Some are
some hot dancing way back when and later Hayes ran a "selling a little bit of everything" shop
year, with the mortgage being
so desperate that they are getting involved
in the building. Next came Inglis Bottle Gas (Kilgore's), which became a cafe (Betty Shai),
kept up to date with the rent
with scams that they really need to avoid.
Riverland Cafe(Jeff), Muddy Waters (John Tooke, then Christine) and today is Gobblers
money.
When home owners get behind in
Eatery (Lisa & Mike Flanders), the Chevron run by Gerald Billups (Mitchie's dad) I believe it
Many investors that
their payments they have legal alternatives,
was Standard Oil back then.
advertise "We buy homes" are
but at the same time they may be lured into
Crossing Hwy 40 going south was Crossroads Bar and cabins run by Winnie Benner,
actually doing this type of gray
highly dangerous schemes. I was one of sev-
then Boots Buck, Murray, Bill Means, Leonard Michalski and today is the Kangaroo, the 2
area scheme, and they teach it
eral investment consultants advising two in-
story Texaco Station run by Dick Ives,game room which is Scott's Auto Body Shop
to other investors as if it is legal. If you are
vestor groups out of the Orlando area for over
today(Levesque), Inglis Motor Court run by Irving and Ruth Black which is now the back of
about to go into foreclosure call me. I have
7 years. This investor group got together ev-
the Hickory Island Lighthouse Lounge, Inglis Inn Restaurant, later Port Inglis Restaurant and
been assisting pre-foreclosure sellers for over
ery month to compare investment strategies.
today Hickory Island Restaurant which was built by Bob & Etta Black and run by the RF
18 years now. Please allow me to sell your
One strategy which I never used, but
Douglas family, later Norman Guenther, then Bob & Mary Jo Farnan and James Williams and
home in a legal manner. Another scam in-
others utilized, had an investor group ap-
today Peggy Stephens & Andy Tate.
volves a buyer asking you as the seller to sell
proach a distressed pre-foreclosure seller who
Last on the right going south was the Withlacoochee Court which was built by Carl
your $200,000. Home with a contract for
is about to lose their home with an offer to
Stengle, run by the HD Cunningham family, then Joan Farnan. On the east side of Hwy 19
$250,000., so they can have $50,000. returned
"buy" their home. This "deal" requires the
going south was Ruth Northcut Beauty Shop and welding shop(this building had several
to them after closing to do needed repairs.
homeowner to move out, turn over the house
restaurant attempts and was finally burned), help, anyone remember? where Yellow Rose
This is considered mortgage fraud on the
to these investors, and deed the ownership
Feed is today, crossing Hwy 40 the Pure Dip ice cream stand (Greasy Spoon)and Pure Gas
state, and federal level. You buyers that want
over to a trust which this investor group will
Station run by the Bernard Fishers, later Junior Ellefson Union 76 and then David Christopher,
a buyer's broker that can help you avoid this
control. In turn the owner is assured that the
later becoming Texaco and then Shell built by Bob Sargent. Phillips 66 run by the Richard
potential felony may contact me as my many
mortgage will be brought up to date, and will
Wahl family, later the Gerald Desch family, then Harold Beasley Tires. Next an auto parts store
years of working with buyers that need fix up
be eventually paid off by this group.
to later be Quindaras Gifts, Shells and Fruit (burned).
money has allowed me to be aware of a legal
In order to fool mortgage companies,
At the entrance to where Palm Point is today was the Dewey Allen Real Estate building
us government loan program.
and bank underwriters, many times the seller
which contained the Inglis
This government program is a little
will be say Mrs. Mary Jones, and the trust
Post Office run by Postmas-
sophisticated, but it is legal, and the buyer
formed will be the "Mary Jones trust". The
ter Vivian Allen who hired
can legally get their repair monies included in
actual beneficiary of the trust would be the
Hwy40
me when I was 17, next Span-
the mortgage amount. One thing is sure, I can
investor group. The mortgage would not be
ish Land Grant Realty today
not help you if you do not call me. So I invite
paid off with the transfer of title which is a
White's Quality Autos
you to call me before you do anything fool-
gray area at best since most loans have a "full
(Andy) and last was the hot
ish. Darryl Diamond and "The Diamond Team"
mortgage pay off due on sale clause " What
spot in town Happy's Bar
are available 7 days a week for all of your real
usually happens is, if this group can sell this
(Happy Pearson), later De- US-19
estate needs. Please call us at 352-447-4442
home right away for a profit over the mort-
cembers Restaurant (Dave
Inglis Ave.
Garrick, Joyce Michalski),
INGLIS
99
Licensed & Insured
Mr V's(Russell Vaudreuil),
Riverside Inn(Jeff). I wel-
come calls to add to the
LAND CLEARING
N
names of the businesses or
the owners names and
Aerial view of Inglis looking south in the 1960
COMMERCIAL & RESIDENTIAL
dates,352-302-8556.
I will try and put corrections and additions in The Newscaster later if you want to
10%
save your picture. If there is anything to "grandfathering" in a use, I would say that using the
No job too small or too large
"right of way" has always been "the right way." It is hard enough to be in business these days
VETERAN
Site Work - Fill Dirt - Hauling
without having your parking taken away too. Thanks to all the business owners who choose
DISCOUNT
to stay in business to provide us all services and goods even in hard times.
Tree Work - Stumps - Driveways
Realty
Demolition
352-220-7178
Sally Price, Realtor
Call Mark
10-31
(352) 302-8556 cell
RENTALREFERRALS - WANTTO LIST? GIVE MEACALL
Hickory Island
14 Hwy 40 W. Inglis (next to the Inglis Police Dept.)
LET MY 45 YEARS ON THE NATURE COAST HELP YOU BUY OR
SELL YOUR PLACE IN PARADISE!
"Preserving Florida's Southern Spirit"
Hammock Hunt Camp fully furnished just move in.............. $45,000
2/1 Mobile newly remodeled,fenced,paved st.......................$59,000
Restaurant and Seafood Market
2/1 Mobile remodeled furnished including towels................$46,900
3/2 Mobile on canal to river, corner lot, large oaks ........... $139,000
Lighthouse Lounge
5.75 ac Lot on Hwy 40 High & Dry Lots of trees............... $154,900
2 lots Peaceful Acres paved street homes only each...........$23.000
LIVE MUSIC:
4/2 Mobile 1 ac new siding, roof, skirting, carpet ................$69,900
THURSDAY Night: Rusty & Debbie
Drink Specials
2/2 Hidden Nature Lover's Stilt Home Yankeetown C1......$225,000
Farewell Inglis Performance
$2 Margaritas
FRIDAY Night: Jimmy Spears Band
4.70 ac lot high/dry Citrus County hills & horse country $160,000
SATURDAY Night: Saltwater Cowboys
3 Lots view Lake Rousseau without waterfront taxes.........$44,900
$1 Draft Beers
352-447-2520
4.99acreLot between Mastadon and Palm Inglis................$79,900
$1.50 Well Drinks
Great 2/2 Doublewide on 2.36 acres in town cleared/fenced....$129,900
48 Hwy 19 S. Inglis
5 AC ON RIVER 1225 FEET Borders Bypass Canal...........$300,000