Miss Kitty
Meow
BOO YAH BOOBYJ!!!! :clap_1: :clap_1: :clap_1:
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Two lots south of 30A $150,000 each
- Thread starter Bobby J
- Start date
BOO YAH BOOBYJ!!!! :clap_1: :clap_1: :clap_1:
Bobby J
Beach Fanatic
I awoke today with a phone call and tha partners that are buying these lots are breaking up and pulling the contract. They can not close so long story short. They are availabe again and would need to be purchased by a builder how understands what a deal these are. My understnding is construction will need to happen pretty quick before permits expire. Anyway, holler if interested!
Bobby J
850-865-7798
Bobby J
850-865-7798
Sorry to hear that your contracts fell through. Sign of the times, I guess.
I thought in an earlier post you said that building didn't need to begin for 2 years?
I thought in an earlier post you said that building didn't need to begin for 2 years?
Bobby J
Beach Fanatic
That is what I thought. I am still going over every thing but as it stands right now the permit expires in 3 months to begin. I was in error on this and this is not the reason the other contract fell through. The last buyer wanted to begin immediatley. Relationship fell through! Anyway, it is a good buy for the right buyer. According to seller to get a new 2 year permit is no big deal but I have not researched that yet.
SHELLY
SoWal Insider
If it's "no big deal" the seller might want to start the process to get the permit extended....BTW--what exactly happens when the clock strikes Midnight three months from now and no building has started?
Bobby J
Beach Fanatic
If it's "no big deal" the seller might want to start the process to get the permit extended....BTW--what exactly happens when the clock strikes Midnight three months from now and no building has started?
My comment ended with I have not researched that yet. I should have that answer in the next few days. I would never allow someone to close unless they were completely comfortable with this deal. The best way to close these lots is to get a construction loan and close with plans in hand to break ground the next day. Someone will step up and get it soon.
GoodWitch58
Beach Fanatic
Are these in MLS?
Franny
Beach Fanatic
yes, on s lake drive I believe. Great area.