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Real Estate & Property Law

: The Home Equity Theft Reporter

Lender Reposseses 500+ Units In Failed Condo Conversion Complex, Leaving Remaining Struggling Unit Owners With Uncertain Future

By r morris

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In Tampa, Florida, The Tampa Tribune reports:The future is uncertain for another big Tampa Bay area condominium project that was foreclosed on Wednesday. Corus Bank, the lender for the $74.8 million Lansbrook Village Condominiums in Palm Harbor, took back the property after its Atlanta-based developer defaulted on payments, online Pinellas County court records show.Condo owner Desmond Fowles said

Full post as published by The Home Equity Theft Reporter on August 15, 2009 (boomark / email).

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