Update from the Foreclosure-Based Economy 0
This golf course development is in the trap.
So much for that title search thingee.
Attorneys say it appears the loan, which is still tied to the homeowners’ properties, was not discovered during title searches when the homes were bought. About 16 homeowners and additional land in Fox Den are affected by the foreclosure, according to attorneys.
Afterthought:
The more news I read, the more I wonder whether some “real estate developers” are just one three-piece suit away from duping rubes at a carny.
