News & Updates

Oct 10, 2020

Idaho Resort Realty is now offering Fractional interests in Tamarack.  

Idaho Resort Realty is now offering Fractional interests in Tamarack.  Purchase the amount you need to...

May 21, 2020

Valley County businesses are reopening and people are ready for it.  

Patronize you favorite business and get ready for a great summer 2020!
Jun 6, 2013

Judge Owen issues Judgments and Decrees


In a letter to homeowners, the TMA attorney outlines recent developments in the foreclosure process.

 

To: Tamarack Municipal Association Membership

From: Stephen J. Lord, Association Counsel 

 

            Judge Owen issued the Judgments and Decrees for each of the 5 different creditors involved in last month's hearing.

 

            We will keep you apprised if, and when, any of those 5 judgment creditors decides to schedule a sheriff's sale with Sheriff Bolen.

 

            The parties five Decrees of Foreclosure entered by Judge Owen on June 4, 2013 (and related properties) are:

 

1. Credit Suisse (undeveloped land and ski facilities)

2. Banner/Sabey (Village Plaza)

3. MHTN Architects (Lake Wing)

4. BAG (Fairmont Parcels)

5. Tamarack Design/Oz Architects (unfinished Trillium Townhomes)

 

Foreclosure judgments and per diem interest against Tamarack Resort LLC, properties identified above pursuant to decrees entered June 4, 2013:

 

Creditor  

 

 

 

Principal Judgment Amount including legal fees, pre-judgment interest

 

Interest

Per diem 5.25% annually

 

 

 

 

 

 

1. Credit Suisse

$   343,189,749.63

 

$         50,803.98

2. Banner/Sabey

$     13,289,710.70

 

$           1,313.93

3. MHTN

 

$           654,484.38

 

$                 45.37

4. BAG

 

$       2,000,000.00

 

$             287.67

5. OZ/Tamarack Designs

$           194,677.75

 

$                 28.00

Total

 

$ 359,328,622.46

 

$         52,478.95