How much Bella Collina homes drop in price?
How long does it take to sell a house in Bella Collina? Can Zillow be manipulated by Bella Collina real estate or homeowners?
The owners of the house on 16623 Arezo Ct, Bella Collina, FL 34756 are trying to sell it since July 2014. That is more than 5 years!
It’s original asking price was almost 50% more 5 years ago when the homeowners first placed it on the market. $1,100,000 loss over the asking price.
Further possible losses of an addition $1,150,000 during the five plus years that the house in Bella Collina was not sold:
- about 30% in financing interest rate based on 5 to 6 percent a year. That is a loss of about $1 million from the asking price
- An estimated $115,000 real estate tax during the 5 years
- Bella Collina Club fees $24,000 to $48,000
- HOA $10,000
- Maintenance of such house over five years
I think Dwight Schar, the owner and controller of Bella Collina, is responsible for this gloomy results. Placing 30 ugly signs on the road is not bringing the results. For as long as Paul Simonson and Randall F. Greene are involved, Bella Collina homes will continue to lose money and be JINXED with BAD LUCK and the same goes to Siena at Bella Collina condos.I’m Don Juravin, resident of Bella Collina presenting a simple observation on on available facts. I’m not a real estate expert (nor am I licensed)
It is really sad to know that there has been no sale for the past 63 months and there has been a huge decline in prices of about 32%.
The condition of Bella Collina is miserable. There is a huge drop in prices. It is completely a failure.
20 years is a long time period. There is no doubt in it that it has been a failure despite so many years passed but still, there is no progress.
Over 500 lawsuits have been filed in Bella Collina, either by greedy staff or by enraged locals who want their concerns fixed… In the cases, they are accused of conspiring, defrauding, and racketeering.