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Shaquille O'Neal wants to help with foreclosures in Orlando

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underpants Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-15-08 09:42 AM
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Shaquille O'Neal wants to help with foreclosures in Orlando
Shaquille O'Neal says he wants to build a legacy -- literally -- in Orlando.

The NBA star said he is working on plans for real-estate-development projects in Orlando, with an eye toward helping those who are facing foreclosure on their homes.

"I want to come in not to kick them out, but to work with them and save them so they can stay in their homes," O'Neal told the Orlando Sentinel during an impromptu stop Tuesday at Orlando City Hall.

Attorney Mark NeJame, who arranged the visit along with longtime friend and Realtor Curtis Cooper, said the star center wants to buy the mortgages of homeowners who have slipped into foreclosure because of high interest rates. He would sell the homes back to those troubled buyers with more affordable terms, hoping to make a small profit.

http://www.sun-sentinel.com/business/realestate/sfl-0611shaqforeclosures,0,3054251.story

O'Neal said he isn't ready to share details of his plan and simply wanted to introduce himself to key players in city government.

"This isn't the big powwow meeting," he said. "I just wanted to say, 'Hi, this is my group, and we're interested in helping.' "
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rucky Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-15-08 10:04 AM
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1. Go Shaq!
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PeaceNikki Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-15-08 10:05 AM
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2. Huh... that's awesome.
A big man with a big heart.
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blondeatlast Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-15-08 10:53 AM
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3. Shaq's one of the good ones; he truly seems to have a good heart. nt
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BlooInBloo Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jun-15-08 10:54 AM
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4. Very nice.
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