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Unbelievably low prices...

Hi, I am in FL for business this week and decided to look at real estate prices on Zillow. I am seeing condos and homes with prices from 1000 to 20,000 dollars. Are these prices legitimate? Is there a catch I am un-aware of? Im thinking the condos may have high Association fees, but what about the single family homes. Thanks, Will
  • April 21 2011 - Orlando
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Answers (3)

These prices are usually in communities 55+ or in neighborhoods with high crime statistics
  • April 22 2011
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they are everywhere
  • April 22 2011
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Most of the "too good to be true prices" are... too good to be true. They are usually rental/lease price.

The 20,000 might be possible if it is a very run down property. If it is a beachfront penhouse or villa, then it is rental price.

  • April 21 2011
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