Nolin River Lake Topics: LM Real Estate Results

Nolin River Lake Topics: LM Real Estate Results - 2007

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	Name:	Kizma Anuice -
	Subject:	LM Real Estate Results - 2007
	Date:	1/17/2008 8:59:35 AM

Would be interested in seeing the average and median price of Homes on owned lots (not condos and not homes on leased lots, also not trailers) for each of the years.

The zero value, and any tear downs should also be excluded if possible, but I don't know how you would know what was to be torn down.

I would also be interested on any information regarding short sales, particularly any that involved a loan that included recourse to the builder.

I am working a deal in Palm Beach county on short sale condos. Condos there that sold for $250.000 two years ago that are lake front and comparable to those at the Condo Club on 280. The grounds and pool etc are better and they don't have a tacky resturant, but the lake is not as big.
After everything is said and done those condo's will cost just under $80,000/per. They can be easily rented for $1200/ month on an anual lease or more per month seasonally.
Is there any possibility of working such a deal on the lake?

Other messages in this thread:

View Entire Thread

LM Real Estate Results - 2007 - John C - 1/17/2008 12:37:20 AM

LM Real Estate Results - 2007 - Kizma Anuice - 1/17/2008 8:59:35 AM

LM Real Estate Results - 2007 - Firefighter - 1/17/2008 12:18:02 PM

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