InletBchDweller
SoWal Insider
Rapunzel,
I would like to know where you received you figure of 71% for your street alone.
Thank you, IBD
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Foreclosure Crisis Overblown?
- Thread starter JoshMclean
- Start date
Rapunzel,
I would like to know where you received you figure of 71% for your street alone.
Thank you, IBD
InletBchDweller
SoWal Insider
I think it is all over 30-A!!
I was just wondering where that number came from. It seems high for just one street.
SHELLY
SoWal Insider
Well that's a relief......we can be thankful that speculative/over buying is 'largely contained' to the Seacrest area.
.
Last edited:
30A Skunkape
Skunky
I was curious about that stat as well. There are 8 on our street, ours is one, I assume the two that look like they have been walked away from makes three. Across the way is a guy who will not budge from a $599 asking price even though it is the same three story Seacrest Beach house you can buy for at least $150k less throughout the development. The house at the far end just got bought by a family group from Atlantingham at a good (which means cheap) price. Hard to say without going to the courthouse, but best case scenario is 26% of the houses on our street are in foreclosure. Gee, that sounds alot healthier!
InletBchDweller
SoWal Insider
I was curious about that stat as well. There are 8 on our street, ours is one, I assume the two that look like they have been walked away from makes three. Across the way is a guy who will not budge from a $599 asking price even though it is the same three story Seacrest Beach house you can buy for at least $150k less throughout the development. The house at the far end just got bought by a family group from Atlantingham at a good (which means cheap) price. Hard to say without going to the courthouse, but best case scenario is 26% of the houses on our street are in foreclosure. Gee, that sounds alot healthier!
Thanks Skunky for at least answering me. Are you talking about the street on the side where your cars are parked? or the other side of your house? (which is actually the front)
Matt J
SWGB
I was curious about that stat as well. There are 8 on our street, ours is one, I assume the two that look like they have been walked away from makes three. Across the way is a guy who will not budge from a $599 asking price even though it is the same three story Seacrest Beach house you can buy for at least $150k less throughout the development. The house at the far end just got bought by a family group from Atlantingham at a good (which means cheap) price. Hard to say without going to the courthouse, but best case scenario is 26% of the houses on our street are in foreclosure. Gee, that sounds alot healthier!
Sound like someone may have just divided the wrong way to get the percentage. I've done that before.
Isn't new ubanism new math fun?
Sandcastle
Beach Fanatic
HOLY MACKERAL! 
Who?s paying the homeowners dues in Seacrest? Maybe we?ll have to fire the security guards and let the spring breakers have the place.
Who?s paying the homeowners dues in Seacrest? Maybe we?ll have to fire the security guards and let the spring breakers have the place.
Matt J
SWGB
HOLY MACKERAL!
I'm not sure, maybe IBD can clear this one up, but I believe it has not gone thru transition and is still under developer control.
Sandcastle
Beach Fanatic
Nope. The transition took place a couple of years ago. I?m just curious to find out who has the priority position ? the bank or the homeowners association. Maybe I?ll find out the hard way when they stop cleaning the pool. I know that in a tax deed sale both the bank and the HOA are wiped out.