The July report of the Henry County Recorder shows a decrease in the number of mortgages…but an increase in the dollar amount.
Sara Myles reports 85 mortgages were filed last month, which is a decrease from 108 in July of 2013. However, the total amount last month was over 23-million dollars…an increase of 9-million dollars from a year ago. There were two large mortgages received in July. One from Hertzfeld Poultry Farms for $2.4 million dollars; and the other from MWA Enterprises for $3.6 million dollars.
Henry County Recorder Myles also reported an increase in deeds for the July report. 86 were filed last month in HenryCounty, compared with 71 in July 2013.