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Known for marketing savvy, boundless energy and an ability to merge creativity with analytics, Connecticut native and transplant Real Estate Broker Sally
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Sally Daley answered:
Hi Steve: with the developer of the Millstone community in foreclosure, purchase there is a very tricky business including factors about the entire community's success that will also impact that value of any individual home there.
There are many communitiies in Vero Beach that are mature, meaning built out or nearly so with builders either in not in forelcosure or gone from the community as it is nearly or sold out.
Before committing to a purchase in a community not over 50 percent developed and with a developer in foreclosure -- meaning an uncertain future for the community and its owners -- a careful look at other options for the same investment in more built out communities would be the type of due diligence I would conduct were I in your situaiton. $262,, 500 could buy a lot of house in Vero in a communites that are built out, and complete with developer status not impacting individual owners. If you'd like to discuss options, feel free to give me a call or visit our web site at http://www.DaleyandCompany.com
Good Luck! Sally Daley, Broker
There are many communitiies in Vero Beach that are mature, meaning built out or nearly so with builders either in not in forelcosure or gone from the community as it is nearly or sold out.
Before committing to a purchase in a community not over 50 percent developed and with a developer in foreclosure -- meaning an uncertain future for the community and its owners -- a careful look at other options for the same investment in more built out communities would be the type of due diligence I would conduct were I in your situaiton. $262,, 500 could buy a lot of house in Vero in a communites that are built out, and complete with developer status not impacting individual owners. If you'd like to discuss options, feel free to give me a call or visit our web site at http://www.DaleyandCompany.com
Good Luck! Sally Daley, Broker
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