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  • More Commercial RE Foreclosures [Housing Tracker] [View article]
    Hi Judy,

    Here in Northern NV, there's a gated golf course community that is facing foreclosure on the golf course. The HOA attempted to buy the course from its developer until it discovered how delinquent the underlying loan was. Residents are livid, and would face sharply higher association fees if they succeeded in purchasing the course. Meanwhile, the fairways and greens are not as fair or green as they were last year.

    This project (can't name it) was touted as the 'premier golf course community of Reno.' Now, it looks like a public course.
    Aug 25 10:57 am |Rating: 0 0
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