Friday, January 25, 2008

Talk About Motivated Sellers!

"Motivated" is typically a code signalling that a seller is ready to haggle on the price of a home or condo.But I've never seen this before: "Motivated developer!" Given the current state of the economy, however, I'm not surprised. In this case it's the builder of the Soulea Luxury Pool Villas, an 18-unit project in the South Pacific Zone of Costa Rica. The current soft market is probably not optimum for pitching second home investors or vacation home buyers on $375-$400,000-range 2 and 3-BR villas in Central America, so I think it's a smart move by Soulea to offer "outrageous price revisions" on the 7 remaining units. Interested? e-mail Amanda Courter (amanda@soulea.com) and tell her I sent you.

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