Foreclosures for June lowest since 2005

by Sarah Fay Campbell

There were 47 foreclosure-related advertisements listed in Thursday’s Newnan Times-Herald.

That’s the lowest number since at least 2005. Numbers have been low for the past several months.

Four commercial properties are among those listed.

The Bruster’s Ice Cream/Nathan’s Hot Dogs property, owned by IC Real Estate Newnan LLC, is listed as being up for foreclosure, as is vacant property off Lower Fayetteville Road at Newnan Crossing Boulevard owned by Lower Fayetteville Ventures LLC.

Faith By Hearing Christian Center, located on Mayo Royal Industrial Boulevard, is also listed, as is property at 21 Jackson Street, owned by Avondale Jackson LLC. The historic Jackson Street home is a commercial property, and formerly housed both 34 Madison Design Studio and Gus’s Jackson Street Grill. The 21 Jackson Street property was previously advertised for foreclosure in May.

There was a total of 47 foreclosures, and one sheriff’s tax sale, listed for June.

All properties are set to be sold on the steps of the Coweta County Justice Center on Greenville Street on Tuesday, July 1. Not all properties will necessarily go up for sale July 1, as issues can be worked out before the sale date. In the majority of cases, the opening bid on a property is the money owed to the creditor, and a representative of the creditor will make the opening bid.



More Local

Traffic re-routed on Jackson Street

Traffic is being rerouted on Jackson Street around the University of West Georgia project in downtown Newnan. The section of Jackson Street ... Read More


10 Things to Know for Today

Your daily look at late-breaking news, upcoming events and the stories that will be talked about today: 1. WHY SUSPECTED NAZI WAR CRIMINALS ... Read More


WHO: Nigeria's Ebola outbreak is officially over

ABUJA, Nigeria (AP) — The World Health Organization declared on Monday that Nigeria is free of Ebola, a rare victory in the months-lon ... Read More


Person: Today’s young people also have wrongs to right

Freedom Rider Charles Person says today’s young people still have the opportunity to make America a better place. Person and fellow Fr ... Read More


High-speed Internet will bring local growth

Last week, AT&T announced that it would be bringing its super fast U-Verse with Gigapower to Newnan. The all-fiber network will deliver ... Read More

Community Foundation begins fundraising

It has been a slow start, but the Coweta Community Foundation is now launching its 2014 campaign, “Reaching Together to Make a Differe ... Read More