Just because I’ve not written anything on the Bay Waveland School District real estate scandal does not mean things have not been happening folks. I’m not going to slice and dice this subject like some of the other matters I cover as there is no need. That said I’ve have enough accumulated for an update so here goes.
First is the local rumor mill, which is saying the FBI has been poking around. I’ve found doing Slabbed that rumors about grand jury investigations and investigations in general to be notoriously unreliable since there are so many moving parts involved, so I’d urge the buyer of such ruminations to beware.
Second is I’ve heard several tantalizing tidbits about the confirmed investigation into this by the Mississippi Real Estate Commission. After taking a peeksie at their list of disiplinary actions I wonder what it would take for a realtor to actually lose their license in this state. That said this investigation appears to be moving quickly to a resolution.
Third is what I’ll call a verifiable fact on the Bay Tech Lot next to the building as the listing with McDonald Realty has been cancelled per the MLS as of October 17, 2012. Going back through my notes on the lot from earlier interviews with Mr Bill Washburn with the Magnolia Group and Avra O’Dwyer of O’Dwyer Realty I noted Mr Washburn indicated the lot was listed at $135,000 and that soon after Slabbed broke this story he indicated he fired his realtor Mary Bunch. I duly noted the McDonald Realty sign remained on the property and the listing remained active in the MLS for weeks after Mr Washburn gave me that interview. Continue reading “Delisted: Bay Tech lot withdrawn from MLS”