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According to a report released on May 9, 2024, the number of properties classified as seriously underwater is ticking up, with southern states bearing the brunt of the phenomenon. One in 37 homes ...
People toss buckets of water out of a home as the streets and homes are flooded near Peachtree Creek after hurricane Helene brought in heavy rains overnight on September 27, 2024 in Atlanta, Georgia.
24/7 Wall St. put together the following list of the top 10 states with the highest percentages of underwater mortgages. %Gallery-160804% Read the full story on 24/7 Wall St.
An EF3 tornado struck Lake Burton late on April 27, 2011, damaging the marina at Wildcat Creek and destroying many lake homes. Over 60 homes were destroyed or damaged. One person was killed (Atlanta businessman E. Earl Patton, a former member of the Georgia State Senate) when his lake house was destroyed by the tornado. [3]
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Initial damages from around the state were estimated at $250 million. On September 26, Georgia Insurance Commissioner John Oxendine raised the estimated cost to $500 million with the potential for it to rise. Some 20,000 homes, businesses and other buildings received major damage and 17 Georgia counties received Federal Disaster Declarations ...
Only about 1 in 20 underwater homeowners may qualify for principal reduction under states' recent settlement with five big banks, a new study says. A calculation by a Brookings Institution ...
Lake Sinclair is largely used by lake residents and people who live and house their boats, watercraft and RVs on the lake. There is easy access to the water with two public boat ramps provided by Georgia Power. There are also marinas and boat storage areas located on the lake. Other areas of access to the lake includes Oconee Springs Park. Lake ...