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ONLY ON 3: Former Leland chief's house foreclosed

READ MORE: ONLY ON 3: Former Leland chief's house foreclosed
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LELAND, NC (WWAY) -- The economy is tough, and banks are seizing homes across the region. One foreclosed home in Leland is grabbing some extra attention because of its previous owner and controversy surrounding the property.

According to an online listing, former Leland Police Chief Tim Jayne's home in is under foreclosure.

The four-bedroom, four-bath home in the Brookhaven neighborhood is listed for close to $340,000.

You may remember Jayne's home was involved in part of the controversy within the Leland Police Department. Sources say police officers worked on Jayne's home and neighbors' houses while on the clock for the town.

The SBI investigation is done, but the results have yet to be released, including what investigators found out about the allegations involving the house.

For now, we know Jayne is no longer living in his Leland house. A sign on the door says the house is to stay vacant and if anyone is to be found living there, they should be removed immediately.

The online listing says the home has been on the market for nine days and is available to buyers through the Freddie Mac First Look Initiative until August 14. This program gives buyers a headstart on investors, so they can get a better deal on the home.

We were told Jayne owns another property in Davidson, but that address is not listed.

No word on where Jayne's family has moved.

Leland fired Jayne in February. Town Manager David Hollis said at the time that the choice was to reorganize the town's priorities.

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