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PARLAGO

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Re: PARLAGO

Post by Paul2CV on Mon Feb 06, 2012 11:39 pm

Hi Forum,

I'm just curious if this whole matter of Parlago ever really has been resolved. Do they still have lots, plans? Or did everything default into tax lots?

Paul2CV

Posts : 1065
Points : 1844
Join date : 2010-08-17

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Parlago

Post by Chuck K on Fri Jul 08, 2011 10:07 pm

It seems that with a shortfall of approximately 250,000. from SID property assessments, that Parlago may have let their properties go. If so, if anyone was looking for one of the better lots they did have, now may be a time to look.

Chuck K

Posts : 54
Points : 64
Join date : 2010-08-24
Age : 63

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Re: PARLAGO

Post by Paul2CV on Fri Jul 08, 2011 12:45 am

Hi Trout,

Seems like you've noticed a pattern here. The mistake is allowing large numbers of lots to go off the tax rolls for speculation. The fairytale was Parlago as a village within the Village and somehow superior to it. What a joke.

Paul2CV

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Points : 1844
Join date : 2010-08-17

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Re: PARLAGO

Post by trout on Thu Jul 07, 2011 2:00 pm

I believe they have let the lots go since SID has stated assesments are way down. That would lead me to think PL is not paying taxes at all on the lots. So the cycle continues. Somewhere in the cycle someone new will buy a bunch of lots with the idea of making "a killing" they to will fail. just like all the others. sounds like a fairy tale huh? but very true.

trout

Posts : 180
Points : 190
Join date : 2011-03-05

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Re: PARLAGO

Post by mike on Thu Jul 07, 2011 10:35 am

I think most people have forgotton about them. My guess is they still hold the lots or they have let them go to back taxes. The way to check is to get a few of the lot numbers, blocks, subs etc and call the courthouse and see if they are up to date. Or call SID with the same info. Parlago is old news in a long line of entities who thought they were going to get rich selling general lots. Remember the guy with the white little signs all over the village with the 401 area code phone number (Rhodes Island)? He bought a ton of lots also back then. Wonder would happen to him?

mike

Posts : 433
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PARLAGO

Post by Paul2CV on Thu Jul 07, 2011 12:34 am

Hi Forum,

Does anyone know what has happened to the properties Parlago acquired? Do they still hold them? Does Parlago even exist anymore as a business entity?

Paul2CV

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Re: PARLAGO

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