Legal Advertisements

Weldon Road property at I-85 among foreclosures

by Sarah Fay Campbell

There are 108 foreclosure related advertisements in today’s edition of The Newnan Times-Herald — the second lowest since July 2007. 

There were 102 foreclosure-related advertisements in December, but December numbers tend to be artificially low, as many banks tend to cease or at least slow down foreclosure actions during the Christmas season. 

An 81-acre, commercially-zoned tract on Weldon Road at Interstate 85 in Palmetto is among the properties listed. 

The property was originally foreclosed in December 2009, when United Community Bank acquired it from Weldon Park Investors. The original owners had planned a commercial development on the property.

The current owners, Asset Holding Company 4 LLC, bought the property from the bank on April 30, 2010. 

Another foreclosure in the Palmetto area is the 2-acre tract at 19 Johnston Circle in the North Coweta Industrial Park owned by LSB Holdings LLC. 

Other properties include the apartments at 204 Jackson Street and 9 Dixon Street owned by Wood Properties and Investments, and several lots in The Preserve subdivision owned by The Knight Group and Knight Development Inc. 

...................

Foreclosure numbers for Coweta County over the last year are:

• May 2012 - 214 (up from 183 in 2011, or 16.9 percent).

• June 2012 - 185 (up from 166 in 2011, or 10 percent).

• July 2012 - 224 (up from 153 in 2011, or 46 percent).

• Aug. 2012 - 160 (down from 211 in 2011, or 32 percent).

• Sept. 2012 - 163 (up from 120 in 2011, or 35 percent).

• Oct. 2012 - 165 (up from 154 in 2011, or 7 percent).

• Nov. 2012 - 140 (down from 242 in 2011, or -58 percent)

• Dec. 2012 - 102 (down from 155 last year, or -34 percent)

• Jan. 2013 - 115 (down from 199 in 2012 or -57.8 percent)

• Feb. 2013 - 166 (up from 165 in 2012, 0.99 percent)

• March 2013 - 178 (up from 164 in 2012, or 7.9 percent)

• April 2013 - 108 (down from 162 in 2012, or -33 percent)

(Source: The Newnan Times-Herald legal advertising department.)



More Business

Business Briefs

Prancing Penny’s joins Pet Sitters International Prancing Penny’s Pet Sitting, which provides services in Coweta, Carroll, Doug ... Read More


WGTC students build stand

Millstone a reminder of industrial history

Students at West Georgia Technical College have crafted a stand for the millstone from Troup Factory, one of the first industrial towns in t ... Read More


Cowetans played role in development of factory town

Troup Factory was not far from Coweta County – although further in terms of travel in the 1800s than today. It is not surprising that ... Read More


Shared Wisdom

What to do if you were let go . . . yesterday?

Editors note: Starting this week, The Newnan Times-Herald is introducing a new feature in our Sunday business section. “Shared Wisdom& ... Read More


Owner, Atlanta Range & Ordnance

60 Seconds With Gary DeGeorge

What made Newnan the ideal location for your business? First and Foremost, Newnan is my home, and I love living here. The residents and our ... Read More

Business Briefs

Realtors join Great Home Giveaway Realtors Susan Annis and Ernie Johnson are two of hundreds of real estate agents across the country who h ... Read More