Make us your home page

Today’s top headlines delivered to you daily.

(View our Privacy Policy)

Couple gets four months to pay off Wimauma farm's $620,000 debt

TAMPA — Sharon Salyer has four months to save the farm.

At a court hearing Thursday morning, her attorney didn't contest a foreclosure filed by the lender. But Salyer and her husband were pleased to get the maximum amount of time — 120 days — before the bank can sell the Wimauma farm.

Over the next four months, the Salyers hope to find investors to pay off the nearly $620,000 owed.

"This was good," Gregory Salyer said after the hearing. "Time is critical."

Thirty-one years ago, when Sharon Salyer was 7, a medical mistake stole her vision. A settlement with the hospital guaranteed her $7,000 monthly payments for life.

Salyer agreed to help her father buy the farmland in 1990 with the understanding her name would also be put on the title. But it wasn't.

Last year, a judge ordered her parents to turn over a half-interest in the farm. During the legal battle, her parents stopped paying on the loan, and the lender, Farm Credit of Central Florida, started foreclosure proceedings.

For over a year, the Salyers have been working to stop the foreclosure.

Sharon Salyer's parents, Andrew and Yee Ho Chu, didn't show up at Thursday's hearing.

Senior Judge Sandra Taylor set the foreclosure date for 120 days, the maximum time she could give. Many foreclosure dates are set 30 days out.

The bank's attorneys said they want to get the property off their hands as soon as possible, but they didn't contest the sale date: Jan. 26.

"I hope this works out for you," Taylor said.

Outside the courtroom, Sharon Salyer smiled.

"I'm very pleased to hear what the judge came up with," she said.

Times staff writers Colleen Jenkins and Danny Valentine contributed to this report. Jessica Vander Velde can be reached at or (813) 226-3433.

Couple gets four months to pay off Wimauma farm's $620,000 debt 09/30/10 [Last modified: Thursday, September 30, 2010 11:25pm]
Photo reprints | Article reprints

© 2017 Tampa Bay Times


Join the discussion: Click to view comments, add yours

  1. Winner and loser of the week in Florida politics


    Winner of the week 1: 'Liquor wall’ proponents. Gov. Rick Scott’s veto of a bill to allow Walmart, Target and other big box stores to sell liquor was a victory for an array of groups, from smaller merchants and Publix (which has stand-alone booze shops near its stores) to those who feel the hard stuff …

  2. Review / photos: Sunset Music Festival brings Major Lazer, safety upgrades to Raymond James Stadium in Tampa


    Somewhere beyond the barricades and mountainous LED stages of the Sunset Music Festival, there had to be worry. There had to thousands of parents in parking lots and empty kitchens, anxiously distracting their minds, every now and then checking their phones.

    Major Lazer headlined the Sunset Music Festival on May 27, 2017 at Raymond James Stadium in Tampa.
  3. 24-year-old man charged with murder in shooting at Andrea Cove Motel

    LARGO — Pinellas sheriff's officers arrested a 24-year-old transient man Saturday in connection with a homicide at the Andrea Cove Motel in unincorporated Largo.

  4. Photo gallery: Calvary Christian rolls to state title


    View a gallery of images from Calvary Christian's defeat of Pensacola Catholic 11-1 in six innings Saturday night at Hammond Stadium in Ft. Myers for the Class 4A title.

    Calvary Christian players circle up on the field before the FHSAA class 4A baseball championship against Pensacola Catholic on Friday May 27, 2017 at Hammond Stadium in Fort Myers, Fla. Calvary scored 6 runs in the first inning, and had 7 hits.
  5. Two girls found safe after being reported missing in New Port Richey

    UPDATE: Both girls were found safe Saturday night, police said.