51 May foreclosures include mobile home park

by Sarah Fay Campbell

Coweta County foreclosure numbers continue to be extremely low.

In today’s edition of The Newnan Times-Herald, there are just 51 foreclosure-related advertisements. That number is slightly down from April’s 56, and just over March’s 49, which was the lowest number since at least 2005.

Current records only go back to 2006. The properties listed are set to be sold on the steps of the Coweta Justice Center Tuesday, June 3, starting at 10 a.m.

However, in some cases, issues are resolved before the sale actually takes place. There are two commercial properties listed, as well as the Sweetbriar Mobile Home Park in Palmetto.

Twenty-one Jackson Street in downtown Newnan is listed. The house, which was most recently 21 Madison Design Studio and was Gus’s Jackson Street Grill for many years, is owned by Avondale Jackson II LLC. The advertisement states that the original principal amount of the loan was $450,000.

The other commercial listing is for a section of Ashley Park. The same advertisement has run several times in the past few months.

The Sweetbriar Mobile Home park is located off Tingle Lane, near Interstate 85, and is adjacent to the South Oaks Mobile Home Park.

The rest of the advertisements are for residential properties.

Home prices continue to rise, according to property information and analytics provider CoreLogic.

Nationwide, home prices in March increased 11.1 percent over March of 2013, and 1.4 percent over February. Georgia is listed as one of the top five states for home price appreciation when “distressed sales” are included.



More Local

AAMCO locating new training center in Shenandoah

AAMCO, the world’s largest chain of transmission specialists and a leader in total car care, will open its new AAMCO University in Cow ... Read More


Avoiding plane crashes as air traffic doubles

NEW YORK (AP) — More travelers are flying than ever before, creating a daunting challenge for airlines: keep passengers safe in an eve ... Read More


10 Things to Know for Today

our daily look at late-breaking news, upcoming events and the stories that will be talked about today: 1. ISRAEL-HAMAS WAR ENTERS FOURTH WEE ... Read More


Missing Teen Found Safe

The 13-year-old girl reported missing on July 23 was found by authorities over the weekend and returned to her home. Karianna Cabello was fo ... Read More


Armed robbery suspect sought by Peachtree City authorities

In the early morning hours of July 27, Peachtree City Police officers responded to a residence on Abrell Woods Court after a reported armed ... Read More

Property values increase, school system millage rate to stay same

The Coweta County School System is maintaining its millage rate of 18.59 for the 2014 property taxes. The county’s overall tax digest ... Read More