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Title: Luxury condos auctioned off
Published: Sun, 4 Oct 2009
Description: NATICK - Pricy luxury condos at the Natick Collection are being auctioned off for a fraction of their original price.
Full Article: http://www.myfoxboston.com/dpp/news/local/natick_collection_condos_auctioned_off_100409
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Automatically Generated Transcript (may not be 100% accurate)
" Yeah."
" We cattle hide hundreds in -- are bidding for a chance that luxury living for half the costs -- the."
" Close allies -- of -- doesn't like you wouldn't."
" Hillary and she likes the small and if that sounds like healing you can put down 20% upfront and may be an attractive --"
" Higher the market really doesn't know what to pay they -- abide but since has been so few sales they don't even know where to start."
" starting bid for a two bedroom unit with two parking spots with 200 funny thousand actual selling price point 352. After the so called market value like to discount the developer went bankrupt and is just trying to recoup some of the 220 million in. Cost. When it first opened two years ago some of the top priced homes were selling it over a million dollars. They're starting bid at auction today with a third -- the cost the developer is hoping that not only will this still an empty building but send new light in the market. Plus the add -- first time home buyer tax credit is providing incentives. Yeah. First time homebuyers meeting requirements will receive an 8000 dollar tax credit. "
" Good deal of people is -- close within thirty days. I think -- prices are going to go way out of it. My concern is that it is you can use the amount of real estate taxes. "
" Mall traffic expensive Condo fees and high taxes have some buyers reluctant. And holding on to their wallet. In -- Diana Rocco fox when he thought --"
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