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Commercial foreclosures less common, more expensive
Commercial foreclosures, like a $1.5 million subdivision foreclosure in Fountain last week, are becoming less common, according to El Paso County Trustee Thomas Mowle. Fountain Valley Land and Irrigation Company Subdivision No. 1, better known as the second phase of the Countryside North development in Fountain, sold at foreclosure auction to Hillcrest Bank, which held …