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Investment Analysis Template Sample
Condosaletrends.com Testimonials from Users
Sellers:
I owned seven condos in the Panama City Beach area that were all purchased with preconstruction contacts. After closing, I listed all of the properties for sale hoping for a quick profit. After the units were on the market for over 12 months with no buyers, I joined condosaletrends.com. Condosaletrends.com graphically showed that my units were all grossly over priced and that sale prices were trending downward at least 10% per year. I lowered the list prices drastically and was able to sell all of the units quickly and still make a slight profit. Condosaletrends.com convinced me that waiting another year to sell could cost another 10% in sales price as the market was heading downward. Condosaletrends.com saved me over $100,000 in total sales price and a year's worth of holding expenses. Thank you condosaletrends.com
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Buyers:
I was just about to buy a unit in the Treasure Island building from an acquaintance when I ran across condosaletrends.com while surfing the web. It looked interesting so I joined. What was $35 when I was planning on spending over $400,000 on a condo? Boy, what a surprise that was. Units like the one I was buying were selling for $30,000 less than I was going to pay. Because of condosaletrends.com, I was able to negotiate the sale price downward by thousands of dollars. That was the best $35 I ever spent.
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Holders of Preconstruction Contracts:
I own two completed condos in Panama City Beach. In addition, I had two preconstruction contracts over at Laketown Wharf. I got in early and thought I had made a good deal. I had $70,000 of cash down on each unit. As a member of condosaletrends.com, I had access to the Condo Investment Analysis spreadsheet. When I put in my figures it was shocking. When I put in what I thought was the current market price (which was less than my contract price), the spreadsheet showed that I was not going to recoup my investment for the foreseeable future. In fact, I would have to pay $1,000s each year just to own the units. Based on my analysis provided by the investment spreadsheet, I walked-away from the closing and left my $140,000 down payment on the table. Condosaletrends.com saved me from making a purchase that would have been a disaster for my family.