Ray Nagin — the passionate and often controversial 60th Mayor of New Orleans, La. — is in danger of losing his “vacation home,” which is located in a Dallas, Texas, suburb, to foreclosure, according to the Wall Street Journal.
Nagin — who is perhaps best known for his handling of the epic Hurricane Katrina disaster in 2005 — purchased the property, valued at $182,000, as a “hurricane home.”
Court records indicate, however, that Nagin has failed to pay the Homeowner’s Association (HOA) fees on his 1,700-square-foot home in Frisco. It is expected to be put up for sale at a public auction on April 7, 2009, if the lien issued by the HOA is not resolved in the next few days.
The good news is that the report indicates Nagin intends to resolve the matter “shortly.” The clock is ticking … the auction is little more than three days from now.