Wanted Blue Mountain Beach Lot

[Smiling JOe]

Okay, you got me on that one. I just did a search on Forest Lakes. A lot, listed at $194K, went under contract in Oct '06, and closed in Dec at $120K mls#443191.

 

[SHELLY]

Or, you might want to put a $120k offer for one of these lots on the back of your business card (right Shelly) and see if the seller will bite.
Good luck.

I recommended the business card route a long time ago....now I recommend you put the offer on the back of the card and tell them that the bid goes down by 5% each week they don't accept the offer.

 

[fisher]

Okay, you got me on that one. I just did a search on Forest Lakes. A lot, listed at $194K, went under contract in Oct '06, and closed in Dec at $120K mls#443191.

A sign of the times. It probably won't get better until the huge amount of investor and builder owned inventory gets abosorbed by end users. More and more properties--especially lots and condos--will go for seemingly ridiculous prices compared to the high water marks of 2 years ago.

 

[robertsondavies]

http://www.sowal.com/bb/archive/index.php/t-525.html

From the archives a couple years back...... my how things have changed.. 550k area, to 120k and falling?

Wow
Wow
Wow
Wow
Wow
Wow
holy cow
that is a humungous drop... reading some of those archived threads is an excellent case study in investing.

 

[Pirate]

There are lots south of 30a for 120k?

 

[Smiling JOe]

There are lots south of 30a for 120k?

One, priced at $197K in Forest Lakes, closed last week for $120K . I think they orginally sold around $100K, though I think the sellers bought at $165K. Forest Lakes in on the north side of 30A, but it is on 30A.

 

[00seer00]

I have a friend looking for a lot on the south side for under 400k. Any out there?

 

[supermom262]

I have one south of 30 in Blue Mountain Beach for $285,000. You can pm me for more info.

 

[Bob]

I have a friend looking for a lot on the south side for under 400k. Any out there?

I believe there are some to be had near Eastern Lake.

 

[Pirate]

One, priced at $197K in Forest Lakes, closed last week for $120K . I think they orginally sold around $100K, though I think the sellers bought at $165K. Forest Lakes in on the north side of 30A, but it is on 30A.

Mighty big difference between south of 30a and forrest lakes.