27 Condos at Celebration To Be Autctioned off

Discussion in 'Walt Disney World News, Rumors and General Disc' started by See Post, Jul 8, 2009.

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    Originally Posted By sjhym33

    Now is your chance to own a home close to WDW at a fraction of its original cost. Condos that were once going for $400,000.00 will have a starting bid of $95,000.00. Here is the article:

    <a href="http://www.orlandosentinel.com/business/orl-celebration-condo-auction-070709,0,1094779.story" target="_blank">http://www.orlandosentinel.com...79.story</a>
     
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    Originally Posted By MPierce

    Now that's a deal. If I could only talk my wife into it.
     
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    Originally Posted By Sport Goofy

    How many of the other 200 or so units in the building are in foreclosure right now? That's something I'd want to know before I bought into a condo building. If your neighbors aren't paying their mortgages or condo fees, it's not likely the property is going to be able to maintain itself for the long haul. The hidden costs of this transaction are probably worth looking into.
     
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    Originally Posted By CMDad

    Alright - I know I am tired. I saw this topic and wondered why Celebration was auctioning off 27 condoms!
     
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    Originally Posted By bobbelee9

    ^^hee-hee. Probably because all the rules they had there made me think of Stepford Wives. Too pretty, too perfect.
     
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    Originally Posted By Disneymom443

    CMDad as long as they went to the most needed people.


    I was wondering how high the condos were going to end up? They may start at $95 but they could go all the way up to $400. You just never know. Not like I could try to get one,my DH would not want to live in FL.
     
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    Originally Posted By ImaginingDisney001

    >>>> may start at $95 but they could go all the way up to $400 <<<<


    There is a lot of history in Celebration. Might be worth while to look up the history.

    Disney sold it off because they could not cope with the problems as they attempted to make it fit in with Walts EPCOT plans.

    When building, construction was so bad, some of the condos were torn down and rebuilt before anyone even moved in.

    Better look up the history before diving into this one.

    ID
     

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