Regarding attached condos in MYKONOS LANE. can anyone shed some light on this. I see a lot of activity in that complex. comps show lots of sales, too many. I assume that they must be foreclosed or repo by bank???, but then why are there so many foreclosures in such a short time? Too many speculators/investors/poorly financed people buying and unloading at the same time?? or a single investor unloading all of them??
These units are apartment home converts. But unlike most converts, these are actually pretty nice, which your own garage parking..They are just way overpriced back in 2005.
I believe some of these that are selling must be from the apartment owner, and not individuals. (could be wrong though).
