Sep
22

Downtown Anderson Condos to Be Sold Because Of Foreclosure

By
– Anderson Independent-Mail News

The Chiquola Condominium development in downtown Anderson is up for sale.

According to court records, all but eight of the 22 condos will be auctioned Oct. 6. Capital Bank foreclosed on the property and is attempting to settle a $4.7 million debt from the development.

“It will be an open auction. Anyone can come and bid on the property,” attorney Dana Lahey said. “Any money made will go to pay down the debt that is owed.”

ARTICLE SHORTENED DUE TO LENGTH….

LINK TO ARTICLE HERE:

http://www.independentmail.com/news/2009/sep/21/downtown-anderson-condos-be-sold-because-foreclosu/
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