(photo: credits)
I mentioned a while back about the Housing Crisis in my own backyard where I wrote about the apartments that I used to live at and how they being converted into condos.
Well while searching Zillow.com for real estate deals in Orlando I came across something that was scary (in a way) only for the simple fact that when I lived there I was given the opportunity to purchase my apartment as a condo conversion for the price of $245k and that was with a 5% discount. Ahhh well it’s a damn good thing I didn’t buy at the time because check this craziness out…! You can buy the same sized unit (1,200 sq ft ) I lived in for only $79K and here is one for $43k and its a foreclosure! Now that is insane and one hell of a deal! If I had the extra money to buy it as an investment I would because, I did like living there the place had everything; Gated Community w/ indoor basketball, boat ramp, hair & nail salon, restaurant, billiards & rec room, pool and more.
