Foreclosure in 92009>Question Details

Joseandyolan…, Other/Just Looking in Carlsbad, CA

Magnolia Estates in Carlsbad.

Asked by Joseandyolanda, Carlsbad, CA Sat Jan 3, 2009

Whatever happens to the abandoned homes by Barratt American? They filed for bankruptcy and all construction have stopped.

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Answers

2
Hi there Jose
As mentioned most likely will be sold to another bank whi may or mat not finish the develoment.
Did you express an interest inone of these homes?

Kind Regards
Michael Barron
Realtor/MBA
First Team Real Estate
0 votes Thank Flag Link Sat Jan 3, 2009
Since it appears Bank of America now has control over the Mangolia Estates assets, they will probably sell it to another developer who may or not finish the project. Expect whatever future progress there is to take a while.
0 votes Thank Flag Link Sat Jan 3, 2009
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