Foreclosures continue downward trend in Coweta

by Sarah Fay Campbell

There are a mere 57 foreclosure-related advertisements in today's legal section of The Newnan Times-Herald.

That's a number not seen since at least 2005. Current records only go back through 2006. The lowest number of foreclosures since 2006 was 60 in April 2006.

A portion of the Ashley Park shopping center in Newnan is listed in today's foreclosures. The extensive legal description describes property along Newnan Crossing Bypass, with multiple easements for utilities excepted, as well as rights-of-way. A call to the attorney listed in the advertisement, asking for clarification of the actual portions of the Ashley Lark property to be foreclosed upon, was not returned by Wednesday afternoon.

Other commercial properties listed are a 10-acre tract owned by RSC Contracting along U.S. Hwy. 16 East, which was also listed last month, and an office on Bullsboro Drive owned by Mark Vandine.

Foreclosure numbers have been on a downward trend for most of the past 12 months, except for upticks in February and March. Since August, numbers have dropped below 100. The numbers went up slightly from August to September, but were still below 100 and well below the totals of the last several years.

For the year to date, there have been 1,193 foreclosure-related advertisements in The Newnan Times-Herald. Some of those are repeats. If the trend continues, this year is on track to be the lowest since 2006. In 2007, there were 1,256.



More Local

Certificate of Need ordered for Newnan Behavioral Hospital

Superior Court Judge Emory Palmer has ordered the Georgia Department of Community Health to award a Certificate of Need to Vest Newnan, whic ... Read More


Grantville names new city manager

Al Grieshaber Jr. has been named the new city manager for the city of Grantville. Grieshaber is currently serving as the city manager in Arc ... Read More


Coweta’s non-profits make life brighter

Coweta County has a large number of non-profit organizations, and those groups help in many ways. Some offer direct services to individuals ... Read More


Senoia’s 10th annual Memorial Day events Monday

The city of Senoia will hold its 10th annual Memorial Day Remembrance and Festival Monday. The day-long event will include entertainment, a ... Read More


22 arrested for preying on children

CCSO part of Operation Mayday collective task force

Last week, 22 people suspected of preying on children in Georgia were arrested during an operation coordinated by the Georgia Bureau of In ... Read More

Graduation scheduled tonight at Newnan High School

Graduation will be held tonight at Newnan High School. Commencement will start at 7:30 p.m. at Drake Stadium. Sarah Kristin Chapman will be ... Read More