Posted on 10/02/2012 5:24:14 PM PDT by Gamecock
The former senior pastor of the Crystal Cathedral, Robert A. Schuller, has announced that he will default on his home in Laguna Beach, Calif., after unsuccessful attempts to sell the home before its Nov. 2 foreclosure date.
"I'm short-selling my house. I have more loans than I can sell the house for," Schuller said in a recent interview with the Orange County Register.
"The house will not go into foreclosure. It will be a short sale," Schuller said, adding: "I can't afford the house as I once could."
Schuller, who is the son of the Crystal Cathedral's founder, the Rev. Robert H. Schuller, is reportedly seeking approval from the bank to sell his home for less than its original purchasing price of $952,500, as he cannot afford the $1.66 million he owes in two mortgages on the property. Schuller reportedly already has a buyer willing to purchase the property.
The home, located in the high-profile gated community of Three Arch Bay in South Laguna Beach, was previously advertised as a spiritual retreat center for $700 per night, or $5,000 per week, on the popular vacation rental website AirBnB.
"Reading, journaling, praying, hiking, swimming, shell collecting and exploring one of the most beautiful beaches in the world" were some of the activities listed on the advertisement for the home as a vacation rental.
According to the OC Register, Schuller and his wife, Donna, have been lowering the selling price on their home since July 2010, but have been unsuccessful in their attempts to sell.
His father, Robert H. Schuller, founded the famed Crystal Cathedral in Orange County in 1980 for the Reformed Church of America. The congregation, housed in a high-reaching, reflective glass building, eventually filed for bankruptcy in Oct. 2010 and was sold to the Roman Catholic Diocese of Orange County in Feb. 2012.
The Schuller family received public criticism after it was revealed that some of their members continued to receive lavish compensation while failing to pay church bills, resulting in a nearly $50 million debt on the property.
Slowly but surely, several members of the Schuller family left the Crystal Cathedral congregation to pursue new lines of ministry. However, the elder Schuller's grandson, Bobby Schuller, has returned to the congregation to occasionally preach.
We all need houses like this, don’t we?
YBPDLNPL?
Yard Bird Police Department Lunatic National Public Libertarians?
I remember this guy, and as a kid I knew “Schuller” means “scam artist”.
Gee that’s tough, Reverend.
You know it’s hard times when your Reverend has to give up his million-dollar Pacific beach-side home.
I don’t get sees himself in need of a large home like this. I mean, he can get any home he can afford, that is his business, but if you’re in the business of the Gospel, and you want people to believe they can live the Gospel, you should be living it first.
Just stating a principle, not a judgment.
see what I did there
Gimme that Old-Time Drive-In Religion
it has a lot lower overhead
Big religion=big bidness.
Is this the Schuller kid who was on the outs with the Chrystal Cathedral for preaching that sin and repentance thing?
“Foxes have holes and birds of the air have nests, but the Son of Man has no place to lay his head.” (Luke 9:58)”
For $700 a night or $5000 a week he does.
I don’t get it.
With all the money these guys were taking in they didn’t create a trust and pay off all their properties and put them in it?
There was a family dispute among other reasons I think, and after 2012 ends the benefit of paying no taxes on selling low ends. So it was the smart move.
What’s really ironic is that Schuller was all about preaching the prosperity gospel. How’s that workin for ya, dude?
Isn't the message of the prosperity gospel that prosperity is directly proportional to faith? More faith = more prosperity; lack of faith = lack of prosperity?
Yup, them Schullers were telling the truth after all... that's pretty thick with irony all right. Oops, gee...
But, do you think there is anything worthwhile in the prosperity gospel preachers leaving aside dogma) or would we think its all bad?
You can't separate them from their false gospel. According to Paul such a preacher is accursed. All of the positive things you mention about Catholics, Presbyterians and Penta costals are a result of the power of the true Gospel they preach. Read chapter two of 2 Peter and see if he can find anything good to say about those who would corrupt the Church with a false Gospel.
Obviously not very good with numbers - $700 a night or $5,000 a week? What a discount!
Taking a contrary stance -- is there anything good about the prosperity gospel preachers or methods (of course, not the dogma!? To gc and Lee -- I think both the Presbyterians and Catholics should bring in the enthusiasm of the pentecostals and we can learn a lot from the Presbyterians deeper reading of scripture.But, do you think there is anything worthwhile in the prosperity gospel preachers leaving aside dogma) or would we think its all bad?
I'm in the middle of a server install right now, so a detailed answer will need to come later.
Right now, think "poop in the brownies". The presence of the bad trumps whatever is true that might be there.
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