From statesman, October 30, 2008...
In Cedar Park, GMAC has moved to foreclose on Portrait Homes' Buttercup Creek townhome project. Thirty-three of the 60 planned homes have been built, and 21 are occupied.
But the project is on hold while Chicago-based Portrait tries to reach a resolution with the lender.
Read more...
Showing posts with label Portrait Homes. Show all posts
Showing posts with label Portrait Homes. Show all posts
Friday, October 31, 2008
Cedar Park: Townhomes put on hold in face of poor economy
From KEYE, October 29, 2008...
It's a Halloween horror at the Buttercup Creek Townhomes. It's not the jack-o-lanterns on porches - or ghosts in trees that's scaring folks. But the uncertainty surrounding their once comfortable community.
"I'm worried that I just bought a house in a neighborhood that's not going to get completed." Said townhome owner Michelle Gaiewski. Worried because dirt is piled in front of unfinished townhomes. Wires connect to nothing. Holes are where door knobs should be- and dumpsters full of wood sit in the parking lot.
Read more...
It's a Halloween horror at the Buttercup Creek Townhomes. It's not the jack-o-lanterns on porches - or ghosts in trees that's scaring folks. But the uncertainty surrounding their once comfortable community.
"I'm worried that I just bought a house in a neighborhood that's not going to get completed." Said townhome owner Michelle Gaiewski. Worried because dirt is piled in front of unfinished townhomes. Wires connect to nothing. Holes are where door knobs should be- and dumpsters full of wood sit in the parking lot.
Read more...
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