Results 1 to 10 of 10
  1. #1
    Join Date
    Aug 2018
    Posts
    5,197

    Default True story about Eastbay!

    Straight from the horses mouth!

    Al was in the process of getting served with foreclosure papers! He was made aware and sold to the fastest bidder to avoid losing it! Too many folks had their hand in the kitty!

    Thanks Al for all the love you seem to have for dlm racing and fans! SMH

  2. #2
    Join Date
    Apr 2008
    Location
    Bronston, Ky.
    Posts
    187

    Default

    That’s really sad!! Such a great track, different surface almost every night.

  3. #3
    Join Date
    Jun 2010
    Location
    tn
    Posts
    1,965

    Default

    I find this very hard to believe-but could be true??

  4. #4
    Join Date
    Jun 2007
    Posts
    276

    Default

    Seems like the creditor will still get his money, upon closing.

  5. #5
    Join Date
    May 2007
    Location
    Ozarks
    Posts
    773

    Default

    Has it closed yet? If not it could still be foreclosed on before closing. I’ve had it happen to me before on property i had listed and ready to close.

  6. #6
    Join Date
    Jun 2010
    Location
    tn
    Posts
    1,965

    Default

    A contract to sell or option to sell does not prevent foreclosure. If this is/was true- I don’t think Vonador would be broadcasting it. Why now does this come out? How about it Zero25 ??

  7. #7
    Join Date
    Feb 2020
    Posts
    5,873

    Default

    I thought the land East Bay was on is owned by the mine?

  8. #8
    Join Date
    Aug 2018
    Posts
    5,197

    Default

    A contract to sell or option to sell does not prevent foreclosure. If this is/was true- I don’t think Vonador would be broadcasting it. Why now does this come out? How about it Zero25 ??


    Because i just talked to the creditor!

    They got their money, but had already been working on a $500,000 improvement to the facility!

  9. #9
    Join Date
    Jun 2010
    Location
    tn
    Posts
    1,965

    Default

    Zero25
    Thanks!

  10. #10
    Join Date
    Feb 2020
    Posts
    5,873

    Default

    I just read about the mine. They have a deal to buy the track in 2024 “if they want to”

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