The foreclosure notice for Siren National Golf Course is listed elsewhere in this issue, but owner Bob Schmidt told the Sentinel Tuesday the golf course is just another victim of the credit crisis the whole country is going through.

"It's a very difficult time for banks and very difficult time for developers," Schmidt said. "We are trying to do what's called a 'friendly foreclosure.'"

In a nutshell, that means the bank and the lender are trying to reposition, or re-finance, the bank loan to enable Schmidt to go forward with his development with other investors.

"I don't believe anyone will be on the steps of the courthouse in November to buy the property," he added. "The bottom line is the bank is helping reposition our financing and we hope to emerge with new investors who'll participate in our future."