These properties are a finalized short sale due to Yadkin Valley Bank being purchased by Pittsburgh Company FNB Corporation for $1.4 Billion. As a consideration of the sale Yadkin bank did away with their Acquisition and Development loan portfolio department. In short, they were required to quickly get these assets and loans off the books. As a result these lots can be acquired for pennies on the dollar. The five lots were appraised at $2,440,000 by Pinnacle Evaluation Group Appraiser hired by Yadkin Valley Bank.

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