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Missing woman's estate had paid loan

TAMPA — Sandra Prince's house may be safe for now.

Prince, who has been missing since around New Year's Day 2006, is at risk of losing her beloved Temple Terrace house due to nonpayment on a $50,000 loan she secured with her Moffat Place house.

But hours before attorneys planned to meet with a judge in a final foreclosure hearing Tuesday afternoon, lawyers made a last-minute discovery: a mortgage satisfaction showing Prince's estate made good on the loan on May 22, 2006, five months after she vanished.

Benjamin G. Morris, attorney for the man court-ordered to manage Prince's estate since her disappearance, said his office was doing research to prepare for the hearing before Hillsborough Circuit Judge Sam Pendino when it made the find.

Pendino postponed the foreclosure hearing until August, so an attorney for creditor West Coast Realty Services Inc., can research the matter.

Close to a year has passed since Prince's estate was served with notice of impending foreclosure, court records show.

Morris could not explain why Doug Stalley, Prince's court-ordered conservator — the person responsible for managing her estate and paying bills in her absence — had let a year pass without resolving the matter before it escalated.

Stalley has been out of town this week and unreachable, according to his office.

Prince, who was approaching 60 when she vanished, was co-founder of the Agency for Community Treatment Services, where she still served in an executive capacity.

Police believe she met with a violent end, but her body has not been found, and no one has been charged.

Rebecca Catalanello can be reached at rcatalanello@sptimes.com or (813) 226-3383.

Missing woman's estate had paid loan 07/15/08 [Last modified: Wednesday, July 16, 2008 8:04am]
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