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| EVERGLADES MORTGAGE LP |
HOME |
| ELITE CUSTOM HOMES/DORA AMOS |
UPDATE |
| Partnership Formed: |
Everglades Mortgage, LP (3524011) |
| Loan Status: |
Unknown |
| Borrower / Developer: |
Elite Custom Homes/Dora Amos/Leo Watson |
| Develop / Project Stage: |
Island Ledge House-This 12,333 sq. ft. house is not completed. The estimate of completion is 40%. Less than 10% has been completed since the 3/30/01 refinance. The framing and roof are completed; 90% rough electrical pulled and 50% exterior covered; the construction was to the point of installing sheet rock at the last inspection.
Yaupon Houses-Two undeveloped lots; two homes 8315/8319 Yaupon are 95% complete and the lender holds 2nd liens on each of these homes.
Buda Homes-The last inspection reports by Money Mortgage personnel are attached; see that summary for % of completion dated July 2001.
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| Project Name: |
Island Ledge Home in Westlake, Austin, TX
Yaupon in Westlake, Austin, TX
Starter Development Homes in Buda, TX |
| Property Address: |
Unknown |
| Guarantor: |
Dora Amos and Leo Watson |
| Loan Funding Term: |
24 months |
| Original Loan Amount: |
Unknown |
| Principal Balance: |
$4,502,521.07 as refinanced |
| Stage Funding Due: |
Unknown |
| Title of Property: |
Elite Custom Homes, Inc. |
| Lien: |
First |
| Advances by Premiere: |
Unknown |
| Exit Strategy: |
Unknown |
| General Partner: |
Roosevelt Advisors GP, LLC |
| Loan Maintenance by: |
Roosevelt Advisors GP, LLC |
| Description of Prop: |
Island Ledge House-Approximately 12,333 sq. ft. custom spec house built on an island at 2705 Island Ledge Cove, Westlake, Austin, TX.
Yaupon Houses
8303 Yaupon-Undeveloped lot
8305 Yaupon-Paid in Full
8311 Yaupon-Undeveloped lot
8315 Yaupon-Paid in Full
8319 Yaupon-Paid in Full
8323 Yaupon-Paid in Full
Buda Homes-18 homes in the Old West Trails Subdivision in Buda, TX
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Photo of Property, if available:
Notice: The information contained in this summary has been acquired by several sources; there are no warranties expressed or implied as to its accuracy and completeness. All information should be independently verified. Nothing contained on this site should be construed as legal advice. If you have legal issues, you should consult an attorney.
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