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Smiling JOe

SoWal Expert
Nov 18, 2004
31,644
1,773
OnMackBayou said:
Okay, nervous property owners, I will give my e-mail address again. It is assetmgsrv@aol.com. I want to hear from anyone who seriously thinks they are at risk with their investment. If you think the market is about to enter a death spiral, I will gladly help relieve your stress.

If you think the market is going to go down 50%, I will seriously look at purchasing your property at only a 29% discount.
You better be careful because I can find you plenty of examples of similar properties in close proximity to each other, with a price differential of 50%. If you are willing to pay a 29% discount on the higher priced property, you will have overpaid by 21%. :blink:
 

Smiling JOe

SoWal Expert
Nov 18, 2004
31,644
1,773
OnMackBayou said:
That is very good advice. However, I would be using two really fine appraisers. One is my brother Larry, and the other one is my other brother Larry.
I bet you will get two different appaised values from your brother, Larry and your other brother, Larry. :rotfl:
 

monty

Beach Comber
Nov 23, 2005
48
0
I have read all the interesting posts regarding the bubble burst theory, and want to assist any lot/home owners within a 5 minute walk to the beach.

If you believe the local market will soon retreat 50%, and want out now before it's too late, please e-mail me at assetmgsrv@aol.com. I can close within 2 weeks.

Only the very, very nervous need respond.

I wonder how this turned out????
 
This is not advertising....I just came across an interesting website that they're going to start in a couple of months called condoflip.com whereas people could list their the condo contracts they want to flip at a mear 4% commission. This Florida condo-frenzy is about to take a VERY ugly turn in a couple of months and there definately is going to be money lost--should be really interesting to follow the action as this story unfolds, I predict the condo thing is going to go down in a ball of flames and kick start the real estate tumble. :shock:


Good call. You were within 2 months of the turn.

Can you make it a great call and tell us when the rebound will begin within 2 months as well?
 

Miss Kitty

Meow
Jun 10, 2005
47,011
1,131
71
:rotfl:....that was a blast from the past!

PhD Phay!!!!! :clap:
 

30ashopper

SoWal Insider
Apr 30, 2008
6,845
3,471
58
Right here!
This is not advertising....I just came across an interesting website that they're going to start in a couple of months called condoflip.com whereas people could list their the condo contracts they want to flip at a mear 4% commission. This Florida condo-frenzy is about to take a VERY ugly turn in a couple of months and there definately is going to be money lost--should be really interesting to follow the action as this story unfolds, I predict the condo thing is going to go down in a ball of flames and kick start the real estate tumble. :shock:

Shelly gets and deserves a thanks for that little bit o' wisdom. :D
 
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