Quote:
Originally Posted by TheTimeTraveler
Unfortunately, once one sells their property there is little they can do to control what the new owner does. Hopefully one can invest into it and make some much needed improvements, otherwise it could be a candidate for a tear down.
Looking at zip code 33043 on Zillow shows there are lots of properties available, many in the under $500K price range. Let's hope she can get it sold.....
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The buzzwords among
Lower Keys realtors is,
'Lack of Inventory'".
Very few places are available. When they come up for sale, they sell
immediately: "Building Lots" I was considering at $65,000 are selling at $199,000!
A dear neighbor had resigned herself—and a husband in declining health—to
assisted living in Broward County. (John Knox Village). She planned to ask $1,250,000. I told her, "Do two things: take down the
No Trespassing signs, and add $300,000 to your 'asking' price".
She did both, and sold the place in 24 hours! New owners started moving-in the same day.
As for my "Woodstock-era" friend, she is becoming resigned to accepting that
four-year, 8% lawyer's loan.
Is her best four-year hope an economy with rampant inflation?
