Home of Juan Miguel Lopez, owner of Mito Financial, close to being sold

Written by on June 28, 2017

Home of Juan Miguel Lopez, owner of Mito Financial, close to being sold

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The Coppell house owned by Juan Miguel Lopez, owner of Mito Financial, and his wife Irma Lopez, is close to being sold. The status of the property has changed to “Pending” on the MLS Multiple Listing Service Listings.

A “pending” sale means that the sellers have received an offer, the contract has been executed, but closing hasn’t occurred yet. “Pending” does not mean that the house has already been sold.

A virtual tour of the home was published on YouTube but later taken down.

The home is located at 1304 Coral Drive, Coppell, TX, in a golf course community. It was purchased in 2013 by Lopez and his wife in for $300,000. The house is currently listed at $379,900.

I first reported on listing for sale of this home on June 1 on the article titled “Home of Juan Miguel López, owner of Mito Financial, listed for sale”.

This transaction is relevant for the following reasons. After his arrest on May 10, Lopez requested a public defendant, stating that he didn’t have any money, assets or homes. Dallas County taxpayers are picking up the tab for his criminal defense.

Juan Miguel López sin dinero para un abogado

Lopez remains in Dallas County Jail facing theft, money laundering and fraud charges.

Stay tuned. More to come.


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