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Old 08-05-2024, 05:19 AM   #3
ApS
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Join Date: Jan 2005
Location: Florida (Sebring & Keys), Wolfeboro
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Unhappy Seller Beware...

Quote:
Originally Posted by Biggd View Post
Never say never. We've had a long expansion, we are overdue for a recession.
Everything contracts during a recession. You just have to be in a financial position to jump in. I'm 70, been through quite a few!
While not an island property, here's a message...

The family scrounged-up $200K in 1994. Yesterday, I was told this lakefront "acre of dirt" could fetch $5M...!



OTOH, a friend's widow sold her three lakefront lots for much less, upon assurance that the buyer/contractor would refurbish the 1949-built family camp.



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