Refinance an option for sites in foreclosure
A Wichita developer is closing in on a plan to refinance 19 local properties named in a foreclosure lawsuit.
Joe Cassell, the attorney for developer Mark Nordyke, said he expects his client to refinance the properties named in a $2 million lawsuit filed in mid-November by Sunflower Bank.
Cassell and bank attorney Thomas Lasater said Tuesday that sale of the properties remains an option if the refinancing can’t be completed.
The foreclosure suit is scheduled for a Jan. 17 trial in Sedgwick County District Court.