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Mortgage Holder Sues Elections Supervisor Over Condo Debt

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By ELLEN GEDALIUS

The Tampa Tribune

Published: August 14, 2008

TAMPA - Elections Supervisor Buddy Johnson faces foreclosure on his Sarasota condo.

Mortgage company Countrywide Home Loans Servicing filed a lawsuit last week in Sarasota circuit court against Johnson. The suit says Johnson has not paid the mortgage on the condo since January and now owes Countrywide $378,785, plus interest and other expenses.

Johnson said he expects the issue to be quickly resolved.

"I am working through the legal process with Countrywide and have secured and submitted a contract that is acceptable to Countrywide for the sale of this property," Johnson wrote in an e-mail. "I am confident this issue will be resolved favorably for me and Countrywide."

The Sarasota condo has an assessed value of $450,000. He owed about $7,500 in property taxes this year but has since paid up.

Johnson purchased the condo in December 2006 for $476,800, according to Sarasota's property appraiser records. He took out a $381,396 loan.

The attorney who filed the suit against Johnson, Edward Pritchard, could not be reached Wednesday.

Reporter Ellen Gedalius can be reached at (813) 259-7679 or egedalius@tampatrib.com.

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