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#26764 - 04/21/06 05:56 AM $29,900 lots going for $9,000
luis miguel Offline
Junior Member

Registered: 04/19/06
Posts: 4
Bella Vista lots in Arkansas selling for $29,900 on bellavistahomesites.com.,as of April 30.
We are selling these lots for $9,000. Call right away, lots are extremely limited. (954)326-0075

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#26765 - 04/21/06 07:05 AM Re: $29,900 lots going for $9,000
UpscaleLV Offline
Member

Registered: 01/14/06
Posts: 724
Loc: Las Vegas
Oh my gosh, my parents bought a lot at Bella Vista back in the early 90's!!! For about $10,000; and sold it for about $10,000 a few years later. What is going on down there?!!!
--A
_________________________
Greenville Real Estate

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#26766 - 04/21/06 10:05 AM Re: $29,900 lots going for $9,000
Gulf Winds Offline
REO Slave
Major Contributor

Registered: 02/04/06
Posts: 1715
Loc: USA
 Quote:
Originally posted by UpscaleLV:
Oh my gosh, my parents bought a lot at Bella Vista back in the early 90's!!! For about $10,000; and sold it for about $10,000 a few years later. What is going on down there?!!!
--A
Not much obviously. Price reductions of that caliber are a sure sign that the properties were either overpriced originally, sub-prime lots or the owner is really desperate to sell! If your parents bought a lot equal to the ones being offered now, 10+ years ago and the market has not appreciated ABOVE what they paid, it's a dead development.

Sorry to sound so harsh, yet there must be a reason & it's not because they don't want to make the $20,900.

Scott
_________________________
"There are people who make things happen, there are people who watch things happen, and there are people who wonder what happened. To be successful, you need to be a person who makes things happen.." - James Lovell- Astronaut

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#26767 - 04/21/06 03:06 PM Re: $29,900 lots going for $9,000
Ohio RealtorŪ Offline
Member

Registered: 11/17/05
Posts: 369
Loc: Cincinnati
If you are selling lots at 9,000 and could not sell them at 29,900 are you really selling 29,900 lots for 9,000? Sellers do not set the price buyers set the price. If the lots are so limited why drop the price by 67% only drop it 95% and watch them fly out the door! By the way I know of a 3 bedroom ranch that is for sale it could go for over 500,000 but for you I could get it for only 100,000! \:D
_________________________
My thoughts are opinions only and not to be confused with legal advise. www.Find1home.com

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#26768 - 04/21/06 11:46 PM Re: $29,900 lots going for $9,000
East Texas Realtor Offline
Member

Registered: 10/27/05
Posts: 595
Loc: southeast texas
Isn't Bella Vista that resort that uses Eric Estrada as their pitch-man on infomercials?
_________________________
Victoria Real Estate

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