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Lake Lanier Islands is a resort complex on the lake, opened in 1974, that includes a resort hotel called Legacy Lodge (formerly Emerald Pointe Hotel), a water park, and a golf course, among other amenities. The complex also included a second resort hotel, PineIsle, which operated from 1975 to 2005, and was demolished in 2008.
Oscarville is supposedly one of multiple "drowned towns" beneath Lake Lanier. [11] Local legend alleges Lake Lanier to be haunted. [12] One commonly claimed reason for the supposed haunting is the high number of drowning deaths, [3] with over 500 deaths between the lake's formation and 2021. [5] 200 deaths occurred between 1994 and 2020. [13]
Nevertheless, in an illiquid real estate market or if real estate prices drop, the property being foreclosed could be sold for less than the remaining balance on the primary mortgage loan, and there may be no insurance to cover the loss. In this case, the court overseeing the foreclosure process may enter a deficiency judgment against the ...
In July, Tamika Foster, a fashion designer and the ex-wife of R&B singer Usher, started an online petition to "drain, clean and restore" Lake Lanier. Foster’s 11-year-old son was killed at the ...
Levels in Lake Lanier have gone up and down at times in its history, but the lake’s elevation has remained fairly steady so far this year, data from the U.S. Army Corps of Engineers shows.
Foreclosure investment refers to the process of investing capital in the public sale of a mortgaged property following foreclosure of the loan secured by that property. In real estate , foreclosure is the termination of the equity of redemption of a mortgagor or the grantee in the property covered by the mortgage.
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