City look for buyers for small home - 2004-02-02
No for-sale sign is up and no Realtors have listings on it, but a three-bedroom, two-bath house is on the market in Lindsay for the right buyer.
The right buyer will not be one who can plunk down cash on the barrelhead. He or she assuredly will be borrowing some money - from Lindsay.
The city owns the house because a primary lender foreclosed on a mortgage. Lindsay held a second mortgage, so it acquired the house and will sell it to cover its loan.
Read the full story at Porterville Recorder