Just 55 foreclosures in August

by Sarah Fay Campbell

There are 55 foreclosure-related advertisements in today’s legal section of The Newnan Times-Herald.

Two of those foreclosures are for warehouses on U.S. 29 South at Classic Road in Grantville, owned by BCS Enterprises LLC. There are two separate advertisements, both listing the address of 4826 Highway 29 South.

The remaining advertisements are for single-family properties throughout the county.

There are also three notices of foreclosure on the right to redeem. When someone purchases a tax deed at a tax sale, the deed holder has no real right to the property until at least one year has passed, and the deed holder has officially foreclosed on the right to redeem. The tax sale parcels are 79 Spence Avenue, 53 Martin Luther King Drive, and 99 Belk Road.

In June in Georgia, one in every 1,296 homes was in some phase of the foreclosure process, according to RealtyTrac. Coweta is close to the state average, with one out of every 1,222 homes in some stage of foreclosure.

Some other metro-Atlanta counties are doing much worse. In Barrow County, it’s one out of every 628 homes. In Rockdale, it’s one in every 650. In Henry County, one in every 694 homes is in the foreclosure process.

The number of bank-owned foreclosure properties in Georgia was down 7.1 percent from May to June, and down 44.5 percent from June of 2013, according to RealtyTrac.



More Local

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. NORTHEAST HUNKERS DOWN AS STORM T ... Read More


Breakdown: Grantville clerks leave town

It's a one-two punch that could put Grantville on the ropes. The recent resignations of longstanding city clerks Tonya Wheelus and Tracey To ... Read More


NPD arrests two shooting suspects

Authorities with the Newnan Police Department arrested two men suspected of being involved in recent shootings over the weekend. On Sunday, ... Read More


Newnan’s sole soup kitchen needs help

Perpetual Praise Community Resource Center in Newnan has plenty of food to continue feeding hot meals through its soup kitchen, called Savan ... Read More


Edgerton reads, sings, engages at local gathering

Clyde Edgerton read aloud, sang, laughed and clearly enjoyed being the second novelist to be part of the Anne Quinn Powell Authors’ Se ... Read More

Grantville mayor pro-tem

Gomez makes Georgia history

When Grantville Councilman Leonard Gomez was elected to serve as mayor pro-tem, he quietly made Georgia history. The appointment is a signif ... Read More