Home Buying in 34105>Question Details

Susan, Other/Just Looking in Mirror Lake, NH

Does anyone have any info on POSITANO PLACE?

Asked by Susan, Mirror Lake, NH Fri Jul 31, 2009

Any information on the health of condo association, Chinese drywall, etc would be greatly appreciated!
Thanks!

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6
Hi Susan, There have been 17 closings on properties in Positano Place just this year alone. The range of closed sales are from $72k-$200k. There are also another 14 Pending, and about 20 active. Anything over a 1 bedroom is in the $100k+ range. I have not heard anything about Chinese Drywall over there. The HOA may be in decent shape, but it may be difficult to qualify for a mortgage if that is your intention. Once a community has a certain amount of investors it gets tricky on the mortgage side. I would be glad to find out if you want me to. Call or email me...239-357-9558 jay@jayberube.com
1 vote Thank Flag Link Fri Jul 31, 2009
The answer from Jay is the most complete. But beyond that, units at Positano originally sold for $399,000+-. If you are an investor this is a great opportunity with 2-3 bedrooms listed from $89,900 to $179,999. Currently there are 12 Pending/active with contract all are short sales, tenant occupied. Please be sure that you fully understand what is involved with a short sale and use an attorney in conjuction with your REALTOR. Chinese Drywall, my suggestionis have an inspection and check out this link for a better understanding http://tiny.cc/gqd7d.
Web Reference: http://agnestabor.com
0 votes Thank Flag Link Sat Sep 25, 2010
0 votes Thank Flag Link Fri Jul 31, 2009
Hello Susan,

Great question, but a little to broad. What specific information are you looking for? What specific questions to you have about Positant Plance. I would be happy to give you the answers to all your questions. Feel free to phone me at 239-560-0014.

Dennis Leffert, J.D.
Real Estate Broker
0 votes Thank Flag Link Fri Jul 31, 2009
HI THERE,
POSITANO IS A GATED COMMUNITY OFF OF LIVINGSTON ROAD IN NAPLES. IT IS NOT SOLD OUT AND MANY SHORT SALES AND FORECLOSURES AT THE MOMENT.NO KNOWLEDGE OF DRY WALL ISSUES IN THERE . PLEASE EMAIL ME DIRECT FOR SPECIFIC QUESTIONS ON THE COMMUNITY YOU MAY HAVE.
LEANN ANDERSON
REALTOR-REAL ESTATE ADVISOR
LEANNNAPLES@AOL.COM
http://WWW.NAPLESBEACHANDHOMES.COM
0 votes Thank Flag Link Fri Jul 31, 2009
Positano is a nice community that was built at a time where alot of investors bought in making the community have short sales etc. It is a good value for new construction and has nice layout with minimum of shared walls. If you purchase you have time to rescind your contract based on condo doc review for three days. I reccomend attorney review of condo docs to insure stability.

Ken Lowe - Realtor
Chairman’s Circle Diamond
Prudential Florida Realty
http://www.Ken-Lowe.com
239-595-2212
Let Me Help You Put Your Footprints In The Sand!!!
0 votes Thank Flag Link Fri Jul 31, 2009
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