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Robert, Other/Just Looking in Missouri City, TX

what's wrong with this property? 712 Crest Pine Dr Unit 3 Orlando, FL 32828

Asked by Robert, Missouri City, TX Tue May 5, 2009

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2
Robert,
Dave is right. There is nothing wrong. Investor went in there and since the bust they are very affordable.
Realtor Rick.
0 votes Thank Flag Link Wed May 6, 2009
Robert,

Basically nothing other than you will need cash to buy based on investor owned units to owner/occupants and the condo doc's.

No FHA loans! No Conventional Loans!

Investors bought these for $238,900 and up and are dumping them as bad investments making values drop like a rock and the owner/occupants are so upside down it's a mess.

But having said that if anyone has the time and cash here you are.

Concerns:

HOA Fees, Stability of the HOA, Future Assessments due to non HOA payments just to name a few.

Visit my website and sign up for my 'Free Foreclosure List' to see details on these and 100's more.

I would like to help you if you are not currently using a Realtor, take time to explore my Trulia profile: http://www.trulia.com/voices/profile/Real_Estate_Pro-Orlando…

And my website below,

Dave Lowe, Broker Two4One of Orlando
GRI – ePRO – GREEN (Designations)

Innovative / Save Money / Great People
Web Reference: http://two4oneoforlando.com
0 votes Thank Flag Link Wed May 6, 2009
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