Tiger Woods obviously not feeling the pinch of the recession is completing his new $50 million home in exclusive Jupiter Florida.
Documents filed last month in Martin County show that Woods has taken out a $54.5 million mortgage on the waterfront estate.
Woods will make payments to an entity called JRD Florida Ventures LLC. It’s a Virginia company whose registered agent is an attorney with the firm that represented Woods’ ex-wife, Elin Nordegren, in their divorce.
No details of the divorce settlement have been made public. The documents say Woods will pay the mortgage in full by January 2016.”