Tuesday, January 6, 2015

Hurry up! This deal isn't going to last long...

From Kim Miller at the RealTime blog we have this about some hot properties in and around Lake Worth. Can you say "revitalization"?

Here is the title:

Deal of the year? Two Lake Worth homes selling as package for under $40,000

From the article:
Two homes in and near Lake Worth are selling as a package deal for $39,999, but the marketing materials carry an ominous warning _ “Savvy investors only.”

An email blast was sent yesterday to clients of 32 West Realty in West Palm Beach advertising the homes in unincorporated Lake Worth and on 6th Avenue South within Lake Worth city limits. 
[and...]
Still, a dwindling supply of cheap homes had some investors chomping at the bit. Just 33 homes were for sale in Palm Beach County in November for under $50,000. Restrepo said her phone was ringing off the hook Monday. [emphasis added]