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04-16-2007, 10:09 AM #1
Renter
- Join Date
- Mar 2007
- Posts
- 8
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
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04-16-2007, 10:46 AM #2
Yes, but unfortunately you have to be a little careful these days. Couple years go anything
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05-30-2007, 11:42 AM #3
Renter
- Join Date
- May 2007
- Posts
- 2
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).
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06-01-2007, 09:35 PM #4
Fixer Upper
- Join Date
- Jan 2007
- Location
- Charlotte North Carolina
- Posts
- 32
Call it what it is, speculation not investing, speculation can make you money and so can gambling, but neither is investing.
ScottRead My Flipping Houses Blog
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Thank you Thank you very much
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06-02-2007, 05:32 AM #5
Condominium
- Join Date
- Mar 2007
- Location
- Wilmington NC
- Posts
- 315
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).



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