Friday, February 26, 2010
424 Raccoon St. Lake Mary, FL 32746 | HomeFinder.com | ID: O4954521
1356 Golf Point Loop Apopka, FL 32712 | HomeFinder.com | ID: O4960458
"Strategic" Default...NOT the Answer
Walking Away Is NOT The Answer
You may have heard that a "strategic default" can be an appropriate and even beneficial reaction to an upside-down mortgage or impending foreclosure. While this idea is widespread, the truth is that default is never an easy road to choose, and rarely ever strategic.
Unfortunately, the ramifications of a "strategic default" are rarely explained, leaving many homeowners stranded on an island of misinformation. To assist you, I've prepared a free report outlining the myths and misrepresentations of strategic defaults.
Contact me today to get the facts!
Visit www.SarahMaus.com/SarahHelps for more information.
David Maus Breaking New Ground
David Maus Automotive Group will break ground this month on a new dealership — its fifth in Central Florida and its first brand with General Motors Co.
The dealership and its financing partner, Kansas City, Mo.-based Van Tuyl Automotive Investment Group, will open David Maus Chevrolet in Sanford this fall on a 12-acre site it already owns next to the existing David Maus Toyota dealership. Maus and Van Tuyl bought about 40 acres there in 2006 for $20 million, Seminole County records showed.
This new dealership will create about 125 new jobs ranging from receptionists and cashiers to technicians and accountants.
The $5 million, 60,250-square-foot building will include a showroom and service center with 36 service bays on 12 acres on Rinehart Road, said Greg McClellan, general manager at David Maus Chevrolet. In September, Detroit-based GM gave David Maus Automotive Group the franchise that formerly belonged to Bill Heard Chevrolet, which closed in late 2008 after its Columbus, Ga.-based parent company filed for Chapter 11 bankruptcy protection.

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