Foreclosure in Lehigh Acres>Question Details

Cabshm, Real Estate Pro in Arizona

wondering about buying lot for investiment or building on it in lehigh acres, fl. is it a good place?

Asked by Cabshm, Arizona Wed Jan 30, 2008

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10
depends on what the intent is...if it is to locate your family....I suggest you check with the local police for the "inciden" records (i.e. break-ins, arrests, etc.)...if it is for business establishment, check with the local professional associations to see what THEIR success records are for that kind of business....but DO NOT depend on others for this advise....you have to do your own homework. Realtos will tell you THEIR area (regardless of the area) is a good one to invest in...but only YOU know what you are looking for and the TYPE of community you want. DO SOME HOMEWORK on your own before you invest your $$$ and in the process ou will learn if it is within your 'budget' for that particular neighborhood.
Good Luck
Sharon ===
0 votes Thank Flag Link Fri Mar 6, 2009
You should buy a finished home in Cape Coral, this is the place to be
0 votes Thank Flag Link Sun Mar 23, 2008
The prices may still come down a little, but it seems to be settled at this point. Are you planning on holding this land or building on it?
0 votes Thank Flag Link Tue Mar 18, 2008
You should absolutely not build right now. It is way cheaper to buy a foreclosure home. Your lot is probably worth about 60% less or more than it was two years ago.
Good luck.
Web Reference: http://www.ibuyhomes.com
0 votes Thank Flag Link Tue Mar 11, 2008
You should absolutely not build right now. It is way cheaper to buy a foreclosure home. Your lot is probably worth about 60% less or more than it was two years ago.
Good luck.
Web Reference: http://www.ibuyhomes.com
0 votes Thank Flag Link Tue Mar 11, 2008
You should absolutely not build right now. It is way cheaper to buy a foreclosure home. Your lot is probably worth about 60% less or more than it was two years ago.
Good luck.
Web Reference: http://www.ibuyhomes.com
0 votes Thank Flag Link Tue Mar 11, 2008
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0 votes Thank Flag Link Tue Mar 11, 2008
You can buy a lot in Lehigh for 5-10k. , at the peak of the market these lots were selling for 50K. You can buy a lot in CAPE CORAL for 15k at the peak of the market these were going for 100k. The land value has dropped more in Cape Coral so I feel that this is a better buy. Moreover, the waterfront lots are also dropping in value so if you are patient, you could buy a waterfront lot which may have more potential to give you a larger return on your investment. I respect your online privacy, So when you are serious about talking about your investment potential in this area, give me a call or check out this website.
Lets Make Money!
0 votes Thank Flag Link Thu Jan 31, 2008
Hi Home Buyer from AZ, I lived in Surprise for a little bit. Lehigh reminds me of what is happening in Surprise right now. If your looking for lots as an investment ,you may want to look in Cape Coral. You can get great deals on lots. If your looking for a home to build, I would agree with the last response buy a resale home. I hope the traffic is not to bad on the 101 due to the superbowl!!
Good Luck to you,
Nancy
0 votes Thank Flag Link Wed Jan 30, 2008
It's a foreclosure nightmare out there. You may want to look at those rather than building. You cannot build for as cheap as you can buy right now. Unless you are building it with your own bare hands.
0 votes Thank Flag Link Wed Jan 30, 2008
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