5th and Main Condos Boot Renters Out
April 13, 2010 by admin · 18 Comments
In the wake of the project losing FHA certification, the lender is quietly booting ‘lease purchasers’ out of the building who have no intention of consummating a purchase. Why? It’s simple. Under HUD’s revised rules, a condo development must be at least 50% owner occupied in addition to at least 30% sold or under contract [...]
First Major Condo Project Is Seized
February 5, 2009 by admin · 5 Comments
This article entitled “Fifth & Main condos seized for unpaid debts; Wachovia wins court order for receiver” appears in The Tennessean on February 5th, 2009. This article was written by Randy McClain: Wachovia Bank won a court order Thursday appointing a receiver to take control of the Fifth & Main condo project after its owners [...]
For a decade, Grant Hammond has been a leader in the greater Nashville real estate marketplace. In the first half of 2011, he is again the top producing Realty Executives broker in Middle TN.
