A foreclosure auction for the Advanced Internet Technologies (AIT) building is scheduled for September 26, but the company said that the business is in good health and is not ceasing operations anytime soon. The owner of AIT said the business plans to remain in its...
Business Foreclosures
Fayetteville Ad Agency’s Offices in Foreclosure
After a slew of lawsuits alleging fraud and a criminal investigation initiated by the federal government, the offices previously held by Smith Advertising & Associates are now in foreclosure. The company has faced claims of fraud and misrepresentation in lawsuits...
North Carolina Country Club in Foreclosure
After over 25 years, the Cramer Mountain Country Club is now facing foreclosure. The foreclosure includes the golf course, clubhouse and some three properties nearby. Gaston County Clerk of Court filings indicate that the club has defaulted on loans totaling...
Foreclosures on the Rise in North Carolina
While foreclosure filings were down nationwide in May 2012 from May 2011, North Carolina saw a large increase in the number of filings in the state. Data provided by RealtyTrac showed a 19.75 increase in the number of foreclosure filings in North Carolina in May from...