Balsam Preserve in receivership
BALSAM–The Balsam Mountain Preserve, a large gated community and significant employer in northern Jackson County, has been placed into receivership, according to a story in the Smoky Mountain News.
This means that a third party has been appointed by the court to manage the property pending the outcome of ongoing foreclosure proceedings.
Tags: Balsam, Balsam Mountain Preserve, Foreclosure, Jackson County, Smoky Mountain News
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