5 Condos for under $22,000.00

[Matt J]

https://www.walton.realforeclose.co...UCTION&Zmethod=PREVIEW&AUCTIONDATE=11/04/2010

Auction Starts
11/04/2010 11:00 AM CT

Auction Type:FORECLOSURECase #:10000472CA Final Judgment Amount:$21,783.35Parcel ID:MULTIPLE PARCEL Property Address:SEE FINAL JUDGMENTPlaintiff Max Bid:Hidden
Amazing deal, 5 units at Hidden Beach Villas in Seagrove. That's a little over $4,000.00 per unit! Rent, flip, or hold it's a deal however you look at it!

Not a mortgage foreclosure, just someone who decided not to pay assessments. The units are older, but could be rehabbed into very nice units.

 

[SHELLY]

Gee...and to think that 5 years ago a few of the "500sf" condo-boxes in this complex were purchased for upwards of a quarter-of-a-million bucks (a quarter of a million bucks!!).

My guess is (nay, I'm absolutely, positively 125% sure) the hapless buyers were told "now is a great time to buy."

On the plus side...we can pretend that time never happened.



.

 

[Matt J]

Gee...and to think that 5 years ago a few of the "500sf" condo-boxes in this complex were purchased for upwards of a quarter-of-a-million bucks (a quarter of a million bucks!!).

My guess is (nay, I'm absolutely, positively 125% sure) the hapless buyers were told "now is a great time to buy."

On the plus side...we can pretend that time never happened.



.

WRONG, god I love saying that to SHELLY.

The owner bought these years ago and had nothing to do with the boom or bust, just stubborn I guess.

 

[SHELLY]

WRONG, god I love saying that to SHELLY.

The owner bought these years ago and had nothing to do with the boom or bust, just stubborn I guess.

Back up the truck, Skippy. The comment said: 5 years ago "a FEW OF THE "500sf" condo-boxes in THIS complex sold for a 1/4 mil" (not these condo-boxes in particular)

....swing and a miss.

.

 

[justhavinfun]

Back up the truck, Skippy. The comment said: 5 years ago "a FEW OF THE "500sf" condo-boxes in THIS complex sold for a 1/4 mil" (not these condo-boxes in particular)

....swing and a miss.

.

Does anyone know what these units actually sold for?

 

[Miss Kitty]

yes

 

[Matt J]

Could you list a price?

 

[Miss Kitty]

Could you list a price?

yes, I could!

 

[Just_In_Thyme]

Shelly-

Why do you keep refering to them as hapless buyers? These are grown ups for god's sake, they had a choice to buy or not to buy, regradless of what a real estate agent or anyone else told them. It's getting old hearing the same old thing.

 

[SHELLY]

Shelly-

It's getting old hearing the same old thing.

...you mean the phrase "Now is a great time to buy??" I agree.

.