Many buyers interested in buying into newer, large, luxury developments that are very viable don't realize that a foreclosure filing by a lender has no impact on the end user of a home in the development except for lowering the asking price,
Naples, FL (Vocus) May 11, 2010
Four distinctive new luxury waterfront resident condominium units in Olde Naples, Florida remain active listings for sale at Naples Bay Resort Naples, Florida. 10 resident units remain in the hands of the developer, Basil Street Partners, LLC while a foreclosure action has been filed and the developer has filed bankruptcy. Broker Robin Speronis alerts buyers of unique luxury waterfront condominiums in Southwest Florida that all the active MLS listings for resident condominium units at Naples Bay Resort now have their own web site (http://www.NaplesBayResortFlorida.com) and each unit offers one of the finest lifestyles in the world.
“Many buyers interested in buying into newer, large, luxury developments that are very viable don’t realize that a foreclosure filing by a lender has no impact on the end user of a home in the development except for lowering the asking price, ” says Robin Speronis, owner/broker of Luxury Lifestyle Homes of Southwest Florida. “Court appointed receivers are common place in these situations and the day to day operations of the development go on without skipping a beat until either the property changes hands or the foreclosure action is resolved in another way.”
The residences at Naples Bay Resort are surrounded by a 97-slip marina with shops and restaurants and are within walking distance to white sandy beaches and famed 5th Avenue South dining and shopping. All residences have a private elevator entrance and air-conditioned 2-car garages. Open floor plans with views of the marina and beyond, top-of-line kitchens and spa-style master baths are the signature of these residences. Ownership of a residence provides membership to the Naples Bay Resort Club which offers access to the 5,000 SF pool with walk-through waterfall, lazy river, lap pool, technogym fitness center, spa serves and more.
All active MLS listings including pictures, tax information and more are available on the website http://www.NaplesBayResortFlorida.com. Broker Robin Speronis and the Luxury Lifestyle Homes team is also available to answer questions on these units as well as other properties in Southwest Florida through an integrated chat feature on the website http://www.LuxuryLifestyleHomes.com.