Walters Margliano ReviewsWalters Margliano
REALTOR (12 years experience)
20 Recent Sales (last 12 months)
Buyer's Agent, Listing Agent, Relocation, Development
11/21/2013 - user4048139
Bought a Condo home in 2007 for approximately $300K in Rattlesnake, Tampa, FL.
Response from Walters on 07/25/2014
This occurred in the middle of the real estate boom and subsequent crash. The developer set the prices and then raised the prices. Everyone had a chance to back out but at the time everyone thought they were sitting on $100k+ in profit. Obviously the market crashed and good investments turned to bad investments very quickly. I'm sorry this person lost money but the developer's price raise and national market crash were out of my control.