Marco Rubio and David Rivera's Tallahassee House Faces Foreclosure
|via New York Times Magazine|
Ah, for the good old college days.
Now Rivera and Rubio -- fiscally conservative candidates for the U.S. House and Senate, respectively -- are facing a foreclosure lawsuit on their 1,228-square-foot Tally pad, which they bought for $135,000 back in 2005.
Rubio spokesman Alex Burgos tells the Palm Beach Post, which broke the story, that the problem has "been resolved" by paying $9,200 owed to Deutsche Bank.
Burgos says that Rivera and Rubio stopped payments a few months ago over a dispute with the bank about interest payments.
"There was a contract on the house and one of the final pieces was to get a clarification on the amount that was owed," Burgos tells the Post, adding that Rubio and Rivera are trying to sell the house. "Now they can move on to closing."
The bank's lawsuit against the two politicians remains open this morning, according to Riptide's records search.
The two men owe more than $138,000 in interest and payments on the house, the Post reports.