| Lot Foreclosures an opportunity in 2012 |
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| Written by Reg Johnston |
| Monday, 17 January 2011 13:28 |
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Foreclosed homes have brought the Lowcountry home prices unseen in a decade. The best of these homes were purchased quickly, leaving a less than ideal remaining inventory. Neglect by previous owners, no warranties, bought in "as is" condition have dampened the enthusiasm for these homes. In the midst of these speculative misfortunes, a wonderful alternative has arisen, the foreclosed home site. These lots are selling for a fraction of the 2006 prices.Many people bought home sites as investments and are not emotionally tied to their purchase.They simply want to cut their losses and get out of lot ownership. You can also purchase a home site now and hold it until you are ready to build without the expense and hastle of owning an existing home before you need it .Building costs are the lowest in a decade and your new home is built to your exact specifications. In addition it comes with all warranties and meets all the new building codes. Our recent experience clearly indicates many of these home sites are currently being purchased by speculative investors, so don't wait! Let us work with your Realtor to find the perfect home site and build your home for a total price competitive with existing homes! |
| Last Updated on Tuesday, 10 January 2012 06:19 |
