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Real Estate Bargains Galore - You Can Easily Save Up To $150,000!!!
Real Estate Bargains Galore - You Can Easily Save Up To $150,000!!!
The real estate market slump means bargains for buyers of retirement golf community homes. Now could be the perfect time to buy your retirement home and save thousands. Prices have dropped drastically in the past several months.
I just returned from looking for a retirement home in Florida retirement golf community and found EVERY new community I visited was in a huge sales slump and offering substantial incentives to buyers! Some of the incentives I was offered included a zero lot premium on a lot that formerly had a $45,000 premium, a $25,000 allowance for upgrades, free upgrades to granite countertops or stainless appliances, and a free pool package worth $30,000. These were all offered on ONE property! Every community I visited had similar offers to entice me to buy now!
Builders are offering tremendous savings to get buyers to buy now so they don’t have to lay off their work crews and sales staff.
The Naples News headline last week reported record number of defaults and foreclosures on new homes. It also reported sales
were down
48% from the same time last year.
The newspaper headline last
week reported that people who had bought investment properties on speculation
in communities that were just breaking ground 6-9 months ago were literally
walking away from their down payments of up to $50,000! They could
not sell their properties for even what they had paid for them, let
alone turn a profit since the builders have dropped prices so drastically
in the hope of finding new buyers. foreclosures and defaults are available in almost every community and are at an
all time high!
New communities are cutting home prices by $50,000, $100,000,
$150,000 and more! They have lowered prices, including lot premiums and are throwing
in lots of extras. Now is the time to bargain!
Before you buy, be sure
to check on resales and foreclosures. This is where you will find homes the investors
have bought and are now unloading at bargain prices. There are lots more homes
available than there are buyers, so it is a definitely a buyers market.
Buying
right means getting more home for your dollar and increased profits later.
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