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Fox Ridge recovery.(Real Deals: A Look at Important Real Estate Transactions)(Brief article)


A 5,527-SF home in west Pulaski County was recovered in a $753,672 foreclosure sale.

JPMorgan Chase Bank of New York took ownership of the Fox Ridge Road house from Danny Teodorescu. The residence was tied to an April 2007 mortgage of $700,000 originated by Magnus Financial Corp. of Tucson, Ariz.

Teodorescu acquired the house for $700,000 more than two years ago from Milton Smith.

COPYRIGHT 2009 Journal Publishing, Inc. Reproduced with permission of the copyright holder. Further reproduction or distribution is prohibited without permission.

Copyright 2009 Gale, Cengage Learning. All rights reserved. Gale Group is a Thomson Corporation Company.

NOTE: All illustrations and photos have been removed from this article.


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