Foreclosures on THE RISE at FOUR MILE RANCH

Four Mile Ranch News has recently learned that foreclosures of residential property in the Four Mile Ranch Golf Course community are on the rise.  The investigation has uncovered that the developer, Ross Jeffrey, sold multiple houses to real estate investors and later defaulted on those investments causing a dramatic increase in the rate of foreclosures in his troubled development.  One street alone has had 2 foreclosures in the last week.  These latest developments have created additional concern among locals that live in the Four Mile Ranch community as home prices now appear to be drastically over inflated and raise the concern of possible issues of fraud with the purchase of other homes in the community. 

Four Mile Ranch news has discovered that a group of home owners have approached authorities to present a criminal case against the developer for fraud in the purchase of their property.   Please stay tuned as further information in this case is made public.