Wynchase Townhomes. Underwater and Now About to be Upside down!

By
Real Estate Sales Representative with Keller Williams Cornerstone Realty

Wynchase Townhomes.  Underwater and Now About to be Upside down!

 

Wynchase underwater homes

 

 


 

Pity the poor folks who bought in this section of Fore Ranch, in Ocala, Florida!

 

These homes were built and sold in 2005-6 for $180-$200k.  And now are short selling for $80-$90k!

 

 

 

 

But when it rains it pours!!!  Tropical Storm Debbie decided to blanket the area with 11-12" of rain.  Now those town homes are sitting on the edge of a precipice.  In fact, several were evacuated.

 

 

 

 

About to be upside down

Let's hope they don't become upside

AND underwater!

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