Fraud in Cosby, TN!
Fraud is one of those words that you don't just toss out there without cause. It is highly charged and accusatory but that is simply the way I feel. We recently picked up our 5th foreclosure property listing on the same small street in the Cosby community, about 15 miles east of Gatlinburg. Amet Way will go down in infamy as an example of the greed and excess that was so evident over the past several years. The 12 log-look homes on Amet Way sold for an average price of well over half a million dollars but at least 6 of these homes are now owned by the lenders and more are sure to follow. While the Maranatha development entrance is very attractive the homes themselves are not very expensively built. They do however have one very remarkable feature. Every single home on this street has a large indoor in ground pool. Sadly, these large homes don't have any permanent arrangement for handling sewage. The story I've heard is almost unbelievable but it is the only tale I have to t...