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 Local

Tractor trailer catches fire above Hwy 34

A tractor trailer heading northbound on I-85 burst into flames Monday morning after it struck a guardrail and concrete divider, but the driv ... Read More


Family trailer fractures on I-85

Five vehicles were damaged and two people were injured Sunday night after a family’s homemade trailer broke loose and was struck by an ... Read More


Orange ribbon project spearheaded by 11-year-old

Jacie Adcock is – in her own words – mad and sad. Mad enough and sad enough to take some action. Adcock, who is 11 years old, is ... Read More


Dual enrollment saves GA students college debt

Not only do dual enrollment courses allow high school students to earn college credit early, but those higher-level courses also increase gr ... Read More


CEC students take home most awards in Emmy competition

Students from Central Educational Center garnered the top number of awards – four – of any school with competitors in the 2015 H ... Read More

Natalie Bacho to speak at prayer event Thursday

The National Day of Prayer is Thursday, and events in observance of the day are scheduled in Newnan and Grantville. The theme for 2015 is &l ... Read More