Tuesday, March 18, 2008

Great time to buy a home..Great time to buy a golf membership!

Not only is it a great time to buy a home, but golf memberships have followed the path of home prices here in Naples, Florida over the past couple years in some places. Many courses have given discounted rates or have offered promotions to entice new members. It's just a great all around time to be a buyer of real estate or a golf membership! The media will always capitalize on negative information because it sells papers, but this is exactly the time when savvy buyers reap the benefits of motivated sellers!

For example: Lely Resort(54 holes) now offers a 25,000 non-refundable membership as opposed to it's previous 45,000 dollar membership with the normal waiting list and 70% equity. The true value is when you look back in 10 years and see how cheaply you were able to get in.

Tuscany Reserve was ranked the #1 best maintained new golf course in 2006 and they are now offering a 3 year refundable trial membership for 35,000 dollars! The member only pays the annual dues and may get his full 35,000 back after the 3 years or put the money toward the full 105k membership.

David Auston specializes in luxury golf real estate in Naples, Florida David@DavidNaples.com or 239.273.1376