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Results 1 to 5 of 5
  1. #1
    Join Date
    Mar 2007
    Posts
    8

    Default The Pre-construction Difference

    [FONT=Arial][SIZE=3]Most mornings I listen to the radio to hear the traffic report, because I live in a big city

  2. #2
    TJ2007's Avatar
    TJ2007 is offline Condominium
    Join Date
    Dec 2006
    Posts
    325

    Default

    Yes, but unfortunately you have to be a little careful these days. Couple years go anything

  3. #3
    KennyF is offline Renter
    Join Date
    May 2007
    Posts
    2

    Default

    I've made a couple of investments in the NC Coastal area recently. These communites are 100% bonded, guaranteeing a finished product if that was your concern. Upscale gated communities as well.

    They are located near the Wilmington area, which shows great signs of appreciation in the coming years (one of the top markets on the country for 2007).

  4. #4
    Join Date
    Jan 2007
    Location
    Charlotte North Carolina
    Posts
    32

    Default

    Call it what it is, speculation not investing, speculation can make you money and so can gambling, but neither is investing.

    Scott

  5. #5
    gjtrafl is offline Condominium
    Join Date
    Mar 2007
    Location
    Wilmington NC
    Posts
    315

    Default

    I couldn't agree more. It is very dangerous! Even a great pre-construction price doesn't mean money in the bank. Sometimes your own purchase price can be your biggest enemy. Buyers pull that information and then don't want to see you walk away with the money.

    The project must be small and in high demand to get in. Otherwise, one slight tick down in the market and you could be in trouble (gates or no gates).
    Search for property @ Wilmington NC Real Estate
    or view the current Wilmington Real Estate News

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