Looking at buying in Merano at The Colony but SO many are for sale and v. few have sold. Any ideas as to why?

Carol
Home Buyer
New Jersey

Are they still overpriced? Are the high HOA/Condo fees the reason? Anything else?

Answers (1)
Marshaavery
Home Seller
Kennett Square, PA
FIRST ANSWER

Merano at the Colony is an upscale coach home development in the prestigious community of The Colony. Merano has its own swimming pool and party center and the units are gorgeous. Many people HAD to sell and blew the market, selling units for as much as $200,000 less than their original purchase price. Those of us who are still on the market have lowered our prices considerably and now have to wait for the market to return. The next level of purchase in that particular gated community are single homes over a million. Check out 23770 Merano Court, #101 on the water....model decorated, in new condition and turn key. Call me personally if you wish. I am in Pennsylvania at 610-925-3920.

Fri May 15 2009, 11:26

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