subject: Pelican Hill Luxury Homes For Sale Under $5 Million [print this page] You know you have arrived when the starting price for homes in the community starts at $5 million dollars. Located next to the number one resort in the world, the Pelican Hill community matches the luxury you will find at the Pelican Hill Resort & Spa, but only it does so in the package of a standalone home that gives you all the peace, security and privacy that home ownership provides. If you are looking for a deal and looking for a foreclosure, then you may be waiting for a long time. Most homes buyers in this area pay cash for their luxury homes, and foreclosures almost never come on the market here. Lending standards have grown more difficult throughout the real estate sector, and so a move towards real assets and capabilities are now the number one source for people being able to purchase a home of any kind - luxury or otherwise. But, if you are patient, you may find the one good deal that occasionally comes up within the Pelican Hill community of homes. This is typically just under the $5 million dollar range.
Do you have $5 million laying around? Not many do. What that means for most, is that they will be out of luck. But what it means for you, the capable home investor is that you can get some pretty jaw-droppingly underpriced deals that will do nothing but increase your profit margins over time. And since the market has been in arrears for so long, the sky is the limit once the growth kicks back in. And most experts expect growth to begin significantly by the end of the year. Buying a home for under $5 million now could mean you own a home for twice that five years from now.
There has never been a better time to buy real estate, and as unemployment numbers continue to improve, you will only receive more opportunity to get the home that you want at a price that gives you maximum advantage to double your money. Nevertheless, it is important to also understand the very few caveats for living in such a prime area for real estate. For starters, the tourist season can cause a bit more crowding than you may have the patience for. Secondly, if you want to sell your home at any point, it could be more difficult finding a capable buyer and could thus take a longer amount of time to do so.
However, these homes always eventually sell, and usually at the price that you want it to. So whether you are looking for a great dream home or an incredibly profitable investment property, Pelican Hill homes have exactly what you need.
