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Post |
Foreclosure: Mt. Vintage properties to be sold on Court House steps
web
posted August 12, 2009
EDGEFIELD – There will be a sale of
property at Mt. Vintage next month, but you won’t need a real estate
agent to do the negotiations for you, simply show up at the Edgefield
County Courthouse steps when a public auction will take place on
September 8, 2009 at 11 am and place your bid.
According to documents obtained by EdgefieldDaily.com, Carolina First
Bank secured a foreclosure against MV Development Company LLC, Bettis
Rainsford, and Talmadge Knight and the sale was ordered.
EdgefieldDaily.com broke the
story on the foreclosure being filed in
January at the same time Mr. Rainsford was appearing before the
Edgefield County Council to answer complaints of non-compliance to
county ordinances in the section of Mt. Vintage that is covered in part
by the foreclosure.
Mt. Vintage homeowner Dennis Brite said he believed Mr. Rainsford was
in violation of the law. “I can assure you if you or I had violated the
law 139 times the Sheriff would be on our doorstep with handcuffs,”
Brite said to the Edgefield County Council at the January 6,
2009
meeting.
Mr. Brite, just one of the well-represented Mount Vintage contingents
at the meeting, was on the agenda to address what he called Mr.
Rainsford’s repeated empty promises to complete the infrastructure of
the new section of Mount Vintage that has been ongoing since 2006 and
remained unfulfilled in 2009.
Legal notices should begin appearing in the coming week complete with a
list of lots and acreage covered under the sale. Properties will be
sold to the highest bidder.
The original foreclosure was filed earlier this year recalling $10.4
million in loans from Carolina First Bank. The case number is listed as
2009-CP-19-24.
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