Do Buyers STILL Have The HGTV Flipping Flu?
By Chris Griffith, Bonita Springs Listing Specialist - Agent
(Downing-Frye Realty, Bonita Springs, FL)
This weekend I received a phone call. The gentleman on the other end of the phone had read an article on CNN Money, regarding real estate auctions in Southwest Florida. He was particularly interested in an auction that involved a developer liquidating some standing, surplus inventory. After I explained that the auction was last week I questioned him as to what he was looking for. Of course, killer deal, great investment, a steal were all terms that he used. I went on to explain that the Bonita Springs real estate market and the inventory on hand provides for a "killer deal" in almost any neighborhood. It all depends upon equity the seller has or the amount a seller is willing to sell short, plus the buyer holding the property 3-7 years. Silence...I can almost hear the voice in th...