If you are looking for a long term home. YES.
- My wife and I bought in May 2010. We purchased a foreclosure in SoliVita and got a pretty good deal. The value has probably already dropped. But we plan on living here for many years so it doesn't matter. For us and our situation is was a very good time to buy. BUY A HOME IN POINCIANA
If you are looking to buy a rental property. YES.
- Investors are buying houses like hotcakes. You can get a 3 bedroom 2 bath home less than 10 years old for around $50,000. These will easily rent for $650-$700 a month. After taxes, insurance and HOA fees these properties will throw off about $5,000 a year in before tax cash. That's a solid 10% cash on cash return. INVEST IN POINCIANA REAL ESTATE
If you know you are going to have to move in the next 5 years or so. NO.
- In 2008 the average price of a home in Poinciana was $109,000. This was down 55% from the peak in 2006. If I told folks it was a good time to buy back then they would be pretty upset with me right now. Today the average price of a home in Poinciana is $66,000. Down another 40%!!! Unless you plan on living here for many years...rent. MARKET REPORTS
***I am NOT an Attorney nor do I play one on TV. Click the button below for my Bio.
Copyright © 2011 http://www.brokerbryant.com/ | All Rights Reserved
Tutas Towne Realty, Inc handles Florida real estate sales, Florida short sales, Florida strategic short sales, Florida pre-foreclosure sales, Florida foreclosures in Kissimmee Florida Short Sales, Davenport Florida Short Sales, Haines City Florida Short Sales, Poinciana Florida Short Sales, Solivita Florida Short Sales, Orlando Florida Short Sales, Celebration Florida Short Sales, Windermere Florida Short Sales. Serving all of Polk, Osceola and Orange Counties Florida. Florida Short Sale Broker. Short Sale Florida.
Copyright © 2017 http://www.brokerbryant.com/ | All Rights Reserved