tag:blogger.com,1999:blog-1569427107470331799.post8986875568605400386..comments2024-01-02T04:14:17.648-05:00Comments on Development: VUE Charlotte foreclosure auction setUnknownnoreply@blogger.comBlogger12125tag:blogger.com,1999:blog-1569427107470331799.post-38540173788711569822013-01-11T02:47:14.265-05:002013-01-11T02:47:14.265-05:00Thanks for sharing, I will bookmark and be back ag...<br />Thanks for sharing, I will bookmark and be back again<br /><br /><br /><br /><br /><br /><br /><br /><a href="http://www.highriseapartments.in/" rel="nofollow">High Rise Apartments for Sale</a> jasminOliviahttps://www.blogger.com/profile/04697154261237516457noreply@blogger.comtag:blogger.com,1999:blog-1569427107470331799.post-22584293698981298262012-06-07T05:28:36.023-04:002012-06-07T05:28:36.023-04:00we have a tendency to generally tend to are giving...we have a tendency to generally tend to are giving furnished and serviced residences for company housing and extended stay rentals.<br /><a href="http://www.charlottefurnishedapartments.com/" rel="nofollow">charlotte corporate housing </a>Mary Brownhttps://www.blogger.com/profile/03107405031371923731noreply@blogger.comtag:blogger.com,1999:blog-1569427107470331799.post-58392339099424559512012-05-22T17:23:13.565-04:002012-05-22T17:23:13.565-04:00You people have all the answers.You people have all the answers.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1569427107470331799.post-29650725991130433062012-05-22T15:16:57.102-04:002012-05-22T15:16:57.102-04:00DNC...great solution!!DNC...great solution!!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1569427107470331799.post-14095329770873353202012-05-21T21:29:44.291-04:002012-05-21T21:29:44.291-04:00Pack the DNC in there and get the 99mil back in on...Pack the DNC in there and get the 99mil back in one week.. Problem solved.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1569427107470331799.post-80508157051073357722012-05-21T18:39:51.197-04:002012-05-21T18:39:51.197-04:00^^^^
20M you mean? Still wouldn't be enough.^^^^<br />20M you mean? Still wouldn't be enough.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1569427107470331799.post-18070941343994358412012-05-21T18:02:06.882-04:002012-05-21T18:02:06.882-04:00My first and final bid will be $20K.
They can tak...My first and final bid will be $20K.<br /><br />They can take it or leave it.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1569427107470331799.post-81605774472898494372012-05-21T18:01:47.370-04:002012-05-21T18:01:47.370-04:00Yep - the lenders were thinking they would cash in...Yep - the lenders were thinking they would cash in on this too. I know the developers were not so nice to the buyers but when this project started everybody thought it was great. The buyers also thought they could buy in cheap and then sale in a couple years for a nice profit. Greed all the way around. The developers did build a great building - and that is really what their job is anyway...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1569427107470331799.post-64899356296480724112012-05-21T17:18:04.270-04:002012-05-21T17:18:04.270-04:00@gasshizzy & Anon 5:08...
I think the thing y...@gasshizzy & Anon 5:08...<br /><br />I think the thing you are missing here is that lenders were willing to loan them the money in the first place. This risk of the project going south and the LLC filing for bankruptcy was known and quantified - the lenders knew this was possible and now they can take the hit.<br /><br />Student loans are a bad example because student loan debt is highly subsidized and regulated. If the lenders didn't want the risk of this project, they had every right to walk away.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1569427107470331799.post-47618742204270477362012-05-21T17:08:26.417-04:002012-05-21T17:08:26.417-04:00That's a great idea, @gasshizzy! I've seen...That's a great idea, @gasshizzy! I've seen too many developers screw over investors, lenders and end buyers with bad projects, only to file bankruptcy and do it all again. If you can't discharge student loan debt in bankruptcy, you shouldn't be able to discharge debt from speculative projects, either. There is no incentive to break the cycle if they can walk away from any responsibility if the deal goes sour.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1569427107470331799.post-73512402130369385742012-05-21T16:15:14.260-04:002012-05-21T16:15:14.260-04:00Not to worry, Mr. McLean will just open another LL...Not to worry, Mr. McLean will just open another LLC tomorrow, bilk another few hundred people out of their money, and will it will all start over. <br /><br />Make these developers responsible for their debt. Claim bankruptcy? No new businesses until you pay your last leners back. No exceptions.Gasshizzynoreply@blogger.comtag:blogger.com,1999:blog-1569427107470331799.post-32219861686851270042012-05-21T16:04:07.085-04:002012-05-21T16:04:07.085-04:00And the nerve they tried to sue potential home buy...And the nerve they tried to sue potential home buyers...KarmaAnonymousnoreply@blogger.com