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Real Estate & Property Law

: The Home Equity Theft Reporter

Another San Diego Complex Linked To Condo Conversion Marketer Deluged By Foreclosures; Investors Left With Ruined Credit

By r morris

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In San Diego, California, The San Diego Union Tribune reports:A wave of loan defaults that has swamped a 42-unit Linda Vista condo-conversion project makes it the fourth complex in the county linked to a Bay Area man to be overwhelmed by pending foreclosures. Kearny Mesa Townhomes, at 7555 Linda Vista Road, was converted from apartments by Diamond House Development, a company linked to James

Full post as published by The Home Equity Theft Reporter on April 28, 2009 (boomark / email).

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