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To: RKBA Democrat
Yep. The wife and I were looking in Orlando a couple of weeks back. The REOs were in VERY bad shape. Pre-forclosures were just as bad. I went into one house and the Realtor was claiming that it only needed a cosmetic to bring it up to showroom. All fixtures, faucets, appliances, baseboards, crown molding, air-handlers, compressors, garage door openers, water conditioners, electric covers, light fixtures, shelving, cabinets, window treatments....

Of course the entire landscaping was completely dead and I haven't even discussed the one bedroom monther-in-law suite which had been gutted. Stupid stupid Realtor. My BOE was $100K in rework to bring it to showroom. They wanted $380K for the property.

13 posted on 05/29/2011 5:59:09 PM PDT by fuente
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To: fuente

Contrary to the “buyers market” propaganda, it really isn’t in this area. Not as horrible as it was 4-5 years ago, but not very good either. Lots of inventory, but most all are dogs with at least one serious problem. Unrealistic prices being one. The would be sellers of the nice homes seem spooked. Perhaps for good reason.


24 posted on 05/29/2011 6:27:44 PM PDT by RKBA Democrat (Default is just a kinder, gentler form of debt repudiation.)
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