Understanding Commercial Property Pre-Foreclosure Many people associate foreclosure with the final sale of a property. However, for lenders, the process begins much earlier, when a borrower defaults on their loan payments. The period between this default and the scheduled foreclosure sale is known as pre-foreclosure. What is Pre-Foreclosure? Pre-foreclosure is the crucial period following a […]

At a recent Clermont City Council meeting, developers presented plans to expand dining options at the Magnolia Pointe Center, located on a 22-acre parcel on SR 50, east of Magnolia Pointe Blvd. The proposal centered on adding five fast-food restaurants, with four designated for Lot 3. Currently, the site hosts a Dunkin’ Donuts. The proposed […]

Embry-Riddle Aeronautical University (ERAU) is exploring the development of a satellite campus in rural northeast Lake County, approximately 50 miles from its main Daytona Beach campus. The university is working with Kim Schmale, owner of Deep Woods Ranch in Paisley, to rezone 119 acres of her property from Agricultural to Community Facility District (CFD). The […]