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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...
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