Information from attorney Craig Taylor, immediate past president of Preservation Greensboro:
“On Monday I spoke to a person in BB&T’s bank-owned properties group about 111 Arden Place. As I suspected, the house was involved in a complicated legal situation, and BB&T has been working to satisfy all the creditors who had lien rights on the house. Apparently that process is almost complete.
If you’ve ever wanted to restore a historic home to its glory, Greensboro and Guilford County are full of opportunities for you. A new page has been added to the website to list homes whose defining characteristic might be described as “needs work … needs TLC … renovation project … rehab project … diamond in the rough … gutted” or the more legalistic “offered with no representations or warranties as to property condition.”
For those with the skills, patience and more money than you think you’ll need, here are five of Greensboro and Guilford’s best renovation opportunities.