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Real Estate & Property Law

: The Home Equity Theft Reporter

Builder's Unpaid Bill From Stiffed Sub Leaves New Home Buyer Stuck With Unrecorded $42K Mechanics Lien & Unprotected By Title Insurance

By r morris

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In Fayetteville, Arkansas, the Northwest Arkansas Times reports:Banks aren't the only ones losing money thanks to the developer who built the mostly empty luxury condo development near Dickson Street known as the Legacy Building. A Fayetteville couple faces possible foreclosure of their home because one of troubled developer Brandon Barber's companies did not pay for the materials to build it.(1)

Full post as published by The Home Equity Theft Reporter on August 04, 2009 (boomark / email).

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