February 14th, 2012 by Candy Evans 
Could former New Orleans mayor Clarence Ray Nagin and his wife be heading for North Texas to maybe live in their Frisco townhome? Sure hope they’ve been paying their HOA dues. Reuters is reporting that former New Orleans mayor Ray Nagin is being investigated by federal authorities for allegedly receiving favors or items of value from vendors under city contracts. Nagin was the mayor of New Orleans when Hurricane Katrina hit back in 2005, and was highly criticized for the way he handled the disaster while he criticized help from D.C. The Daily Beast says Nagin is reportedly cooperating with both the FBI and the U.S. Justice Department. And he says the charges are three years old, he welcomes a chance to finally deal with them. Nagin left office in 2010 amid speculation he could face corruption charges. His former associate and close personal friend, Gregory Meffert, pleaded guilty to conspiracy to defraud the city. Some say that Meffert might squeal on him.
Nagin still owns a condo in Frisco — north of Lebanon Parkway, built by D.R. Horton, which he once referred to as a “modest second hurricane home” bought since his wife apparently has family in the Dallas area. They bought the home May 31, 2007 when it was valued at $181,968. Problem was, Nagin didn’t pay his homeowners dues/HOA fees of $1507.14. In March, 2009, the Casa Bella Owners Association filed suit again Nagin for past due moola. He said he would make it right. Looks like the house is now worth about $168,000, at least according to the Collin County Appraisal District.
About Candy Evans
Candy Evans is one of the nation’s leading real estate reporters, bloggers and consultants. She contributes daily to AOL Real Estate, Joel Kotkin’s The New Geography, and is a guest blogger for Inman Real Estate News FORUM: The Future of Real Estate Marketing. She also writes for Move.com. Candy was a longtime contributing editor to Dallas’ D Magazine and sister pubs, and in 2007 founded the wildly successful Dallas real estate blog, DallasDirt, where she broke the news on where former president George W. Bush bought his Dallas home. She is the founder and creator of SecondShelters.com.
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