MissSunshineMissSunshineBeach ComberTallahassee, Florida25 postsJoined View profileMessageBeach ComberOther
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I’m curious as to why all of a sudden why there are quite a few Condos available for sale in Topsail Village/Wildflower. These condos from what I understand have always been a good property. But thinking with so many units popping on the market - maybe theses something happening behind the scenes that make people want to get out.
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4Matt J
Matt JSWGB24,862 postsJoined View profileMessageSWGB
I’m curious as to why all of a sudden why there are quite a few Condos available for sale in Topsail Village/Wildflower. These condos from what I understand have always been a good property. But thinking with so many units popping on the market - maybe theses something happening behind the scenes that make people want to get out.
Most likely a major maintenance milestone. I believe most of those are coming up on 20 years.
Add in the fact that most of the close beaches are "private" and they are probably selling before they can't or have to sell at a massively reduced rate.
In many cases it's insurance that is causing problems financially. There may have been a large increase owners aren't willing to deal with.
AndriaB30A
AndriaB30ABeach Comber3246113 postsJoined View profileMessageBeach Comber
I was informed that 6 units were owned by the same person who is selling due to an ill family member.
MissSunshineMissSunshineBeach ComberTallahassee, Florida25 postsJoined View profileMessageBeach ComberAuthor
Thank you. And that’s a lot of units for one owner!
Mary BerryMary BerryBeach ComberSanta Rosa Beach6 postsJoined View profileMessageBeach Comber
It is due to one owner having 6 units that he needs to sell. Not unusual for someone with money to have investment properties
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