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MoneyTalks - > Money Talks -> Crisp home sold for $1.2 million
Crisp home sold for $1.2 million

Real estate agent David Crisp’s former mansion sold Friday for $1.2 million, according to the Bakersfield Multiple Listing Service, which indexes properties for sale.

The sale price was $500,000 lower than what Crisp, 28, paid for the 6,666-square-foot Seven Oaks home less than three years ago.

When it was foreclosed on in December, he had borrowed at least $2.1 million against the property.

HSBC Bank USA, N.A., a Delaware company, put the repossessed house up for sale on April 14, and had a buyer the same day.

The sale was finalized on Friday, according to the listing service.

Crisp and his ex-business partner, Carl Cole, 60, have been linked to dozens of foreclosed properties, an ongoing Californian tally shows.

The pair are being investigated by the FBI, but have not been charged. Cole and Crisp are also named in a state regulatory complaint alleging fraud. An administrative trial to hear those charges is scheduled for Bakersfield this summer.

Read the Crisp and Cole archives.

-Vanessa Gregory, staff writer,

Posted in the Business & Finance interest group.
Topics: Real Estate, David Crisp, Carl Cole
posted by MoneyTalks on Wednesday, April 30, 2008 at 06:36 PM
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posted by dgrealish on May 1, 2008 at 06:03 PM

Six thousand, six hundred and sixty-six square feet is a large house, but a mansion?  Really?  Isn't that stretching it a bit?

Spam Code: IDL YR, that's an understatement!

posted by bako559 on May 1, 2008 at 05:51 PM

this just in........... Crisp orders a pizza, doesn't tip.  Film at 11:00

posted by frankc29 on Apr 30, 2008 at 10:39 PM

     Does the Californian have a seperate Crisp Bureau? How have you come to the conclusion that residents of Bakersfield are sitting on the edge of their seats waiting for the next tidbit of absolutely useless information regarding this man and his failed doings, like a dog begging for scraps? Los Angeles must have dozens of examples of eccentric real estate moguls who went down in flames, however their stories have not taken over the Times the way Crisp has mesmerized the Californian. Perhaps any excuse to mention his name sells a few more papers or induces a few more mouse clicks. What is the shelf life of this Page 6 story?

     Please let us know when Mr. Crisp or any of his former associates order a pizza. We need to stay in the loop.

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