Monday, January 31, 2011

Anonymous Bidder Offers $1M for Patricia Kluge's Vineyard Estates At Foreclosure Auction

But Sonabank chose to keep the place for "future sale," and took it back for $4.9 Million.  Patricia Kluge and Bill Moses owed the bank $8.2 Million for the failed mansion development.  The land is assessed at around $7M.  C-VILLE has details and links.

Next up: foreclosure on Albemarle House, February 16.

Related:
February Foreclosure Schedule Shows Homeowners Bleeding At All Price Points
Halsey Minor Will Put Carter's Grove LLC into Bankruptcy Before Foreclosure

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