Home News Charlotte homebuilder foreclosed on twice as properties continue causing problems

Charlotte homebuilder foreclosed on twice as properties continue causing problems

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Charlotte, NC (WBTV) – On N Irwin Avenue, a historic home was demolished to make way for a new building that contractors claimed would be the largest home in all of Uptown. Over eight months later, there are only two sides of him: a concrete slab, a dirt hole in the backyard, and a wall support.

Contractor Chris Bradshaw and his company, R-Cubed Charlotte Investment Group (which also operates City View Terraces), have been foreclosed by the project’s lenders. Court records show that Bradshaw offered the winning bid at the foreclosure auction, but did not pay any money to secure the property.

This is just the latest in a long string of errors and miscalculations by Bradshaw and his company. WBTV has been investigating since the beginning of the year.

Now, Irwin’s neighbors say the facility poses a danger.

Thomas Blue told WBTV, “There are walls leaning against the property and there are children coming to play on the property because it is abandoned.”

“There’s a deep hole eight feet deep in the back of the property. It’s filled with water. It’s not just a drowning hazard, it’s a mosquito hazard.”

As WBTV previously reported, R-Cubed was seized This is because the lender claimed that Bradshaw had not paid the money he borrowed to build the project.

But new court records show Bradshaw wasn’t about to give up.

Bradshaw’s company, R-Cubed, placed a high bid on the property at a foreclosure auction, according to court records. R-Cubed and Bradshaw paid a deposit, but when he failed to pay the full amount, it was put up for auction again.

As uncertainty about real estate continues to grow, Blue fears it will never get better because of the trail of problems Bradshaw left behind.

“One of the bad things about it is that we have so many mortgages against him. Some of them precede and carry oversaid Blue.

This is just a small piece of the pie involving Bradshaw’s company and assets.

Local law enforcement is investigating the violations of Irwin and Julia Malden Place. These properties were lost when Bradshaw began construction but had to turn them over to vendors to settle hundreds of thousands of outstanding bills. Julia Maulden’s code case closed on July 25th, and the reported issue was fixed, city records show.

As WBTV reported two weeks ago, prospective customer Julia Maulden PL who had a deal with Bradshaw now has to negotiate with a new company to buy the house.

“We just wanted to buy a house, but next thing we know we’re dealing with a company that rented all the materials for the building,” said City View customer Bill Hughes. I was.

Bradshaw’s real estate license Canceled His contractor license is invalid. North Carolina’s General Contractor Licensing Commission said it will have a hearing on complaints made against Bradshaw in September.

We asked Blue if more communication between local and state officials is needed so that problematic projects like this are closed sooner.

“First of all, it was WBTV who pointed out the fact that he no longer had a valid contractor license,” Blue said.

“Do you want a process where the county knows if someone’s license hasn’t been renewed? In a perfect world, yes.”

WBTV previously reported on a contractor issue that Mecklenburg County Law Enforcement failed to grasp. In 2019, county officials told WBTV that he was working on new software that would make it easier to identify patterns of problems with a single contractor.

In an email to WBTV, Mecklenburg County officials said the permit system “allows us to receive automatic notifications of invalid, suspended or revoked licenses.” If a contractor attempts to obtain a permit that requires a valid license, our system will not allow the permit to be issued if the license is not in an active state. ”

WBTV asked Mecklenburg County if the system would work for Bradshaw’s project about Irwin and Julia Malden. A spokesperson said the system, which was upgraded after WBTV previously highlighted communication issues, will notify law enforcement if a contractor does not have a valid license when applying for a permit. However, the code enforcer has not confirmed that the system notifies contractors who currently have active projects whose licenses have been revoked or suspended.

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