Buyers are Snatching up PA Golf Resort Properties and are Naming Their Own Price

    AVON, CT, August 11, 2009 /24-7PressRelease/ -- Land dealer Continental Ventures, LLC, which sells building lots in luxury golf resort communities is offering buyers a Name Your Price and Terms sale. Golf properties are well known to be very expensive. For golfers looking to relocate or retire to a golf property, it becomes evident that one must be pretty well heeled. Price ranges up to several hundred thousand dollars for a building lot or more are not uncommon. But how about $5,000. for property in Treasure Lake, a 9000 acre resort community with 2 PGA rated golf courses? That's what some people are paying, and even less.

One of the problems of buying land in a golf resort or golf community or anywhere is that even in the best of times, banks won't normally lend more than 50% of the purchase price. That means that the buyer would have to come up with a very large amount of cash. On a $500,000. golf resort building lot, that would mean having to come up with a $250,000. down payment. In any economy that would be tall order for the average person. The only way around this is to build right away, in which case the bank would wrap the cost of the lot into the cost of construction and offer a standard loan on the whole thing. But not everyone wants to build right away. Many couldn't qualify for a mortgage in today's economy if they could. Continental Ventures, LLC through it's website www.sterlinghomesites.com offers properties where there is no time limit to build and they can be purchased with or without a loan. Buyers can name their desired price and/or terms on the website.

In this economy, those who would like to retire to a golf community and purchase a building lot for the eventual construction of a home now have the opportunity to do so with the flexible terms offered by Continental Ventures. For those seeking to relocate, that goal is in reach as well with the safe gated communities that Sterlinghomesites.com lists for sale giving a boost to those whose dreams haven't disappeared along with the strength of the economy.

Continental Ventures, LLC is a real estate company with over a decade in the real estate business. It sells building lots direct to consumers throughout the United States.
Visit http://www.sterlinghomesites.com

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