Baby boomers invest in SW Florida!
With REO and short sales in plentiful supply investors with cash or good credit are piling into near new properties in the Englewood Charlotte County area of Florida.
Since 2006/7 there has been an over supply of these newish homes as banks have had to address the number of owners who have moved out of state.
"Of course, one persons loss is anothers gain" says Gordon Robinson CEO of the Florida Gold Group based in Englewood Florida and expert in REO and short sales.
"Unfortunatley there were too many builders building and too many investors who were encouraged to push the boat out and instead of building one home built 3 or 4. When the market turned they walked away and left the banks holding the keys!"
" We have a good supply of near new condos, close to the water, single family homes on golf courses, and large Key West homes with fantastic gulf views. All are fantastic buys and need viewing."
If you take a medium to long term view these properties should offer a good return when entered into the Florida Gold Vacation Rental program with ROI of up to 10%.
"Why not come down this fall and stay for a long weekend on us and we'll show you these great deals, plus all of the local attractions" says Gordon, " don't forget once they are gone, they are gone."
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