}

Sunday, March 20, 2016

BEST REAL ESTATE'S FRANK JANCA LISTS STEVEN INGERSOLL'S 'PERRY HOUSE'; What Will This Mean To Attorney Jan Geht?

Perry House, Miss Fortune photo
IF YOU LIVED HERE, YOU BE HOME RIGHT NOW!
Another Steven Ingersoll property (2230 Center Avenue, the Perry House) just hit the market in Bay City. Although the home's wrought iron fence is plastered with 'for sale' signs from local broker Frank R. Janca III, the listing has not yet popped up in the MLS. However, an associate of Janca's confirmed in an email to Miss Fortune this morning the home's asking price: $258,000.

The Perry House is among seven residential and commercial properties that secured the collateral interest of Jan Geht and his Traverse City-based law firm, Bowerman, Bowden, Ford, Clulo & Luyt, which funded a $250,000 future advance mortgage/line of credit registered on February 10, 2015. 

Among the numerous Ingersoll properties listed by Janca, at least two have sold (1501 Center Avenue and 1515 Sixth Street), while another, 1022 N. Birney Street, is currently on the market.

6 comments:

  1. Interesting. I tried to locate it online also and came up with nothing. Should I smell a rat, or not???

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    1. Could be a "pocket listing" that hasn't yet appeared on the MLS.

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    2. And this was supposed to have been an up and running business by 2012? The only things that seem to be running are the money faucet (the bank's and innocent taxpayer dollars via his bunk charter school and shell games) and the Ingersolls running the city and local residents into the ground with their former Front Porch Renaissance.

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    3. More like a "Dump Truck Renaissance".

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    4. We all love your clever wit, Miss Fortune!

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    5. The Ingersolls paid $179,000 for that place in late 2010. Don't know how much they've actually put into it, but with what it still needs, they'll never get $258,000 for it. And let's not forget that Jan Geht and his Traverse City law firm still must have a financial 'strong arm' on this property with that $250,000 future advance mortgage.

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