The recent headlines on America’s housing situation paint a rosy picture. Home prices are rising. Housing stock is dropping. And even cities like Las Vegas…
The Mall at Stonecrest is in serious debut and may be facing foreclosure. The AJC is reporting that the $98.7 million loan for the Lithonia mall was directed this week to a firm that helps work out troubled debt. Gwinnett Place Mall also went through foreclosure last year, and Union Station Mall in south Fulton […]
It is with extreme sadness that we share the news that Morris Brown College, the Historically Black College established in 1881 by the African Methodist Episcopal Church, is facing foreclosure, according to CBS Atlanta. With the exposure of extreme financial mismanagement in 2002, Morris Brown lost its accreditation and federal funding and has faced a […]
Last month former boxing champ Evander Holyfield was evicted from his Fayette County mansion. Now the broke boxer is set to auction several of his most prized possessions, including the bronze Olympic medal he won at the 1984 Summer Games. Also up for grabs: championship rings and belts; gloves, trunks and robes worn inside the […]
Boxing great Evander Holyfield is down for the count, after he was forced to move out of his 54,000-square-foot metro Atlanta mansion for being unable to satisfy a whopping debt of more than $14 million that was owed on the home, reports TMZ. The palatial estate, which is located outside of Atlanta in Fayette County, […]
Georgia ranks third when it comes to the foreclosure crisis that’s devastating communities. Congressman David Scott has invited representatives from 26 banks and lending institutions as well as representatives from the Obama Administration to help reduce the problem, for his two-day “Help for Homeowners Community Events. Too many people in Georgia are facing foreclosures who […]
