Quote:
Originally Posted by Drybrain
"remain unsold" as in they never sold, or are back on the market? Media reports before the building was completed indicated that it was 85% sold as of 2012.
Info came from the developer, but it's hard to imagine why he'd lie about it given that it can easily be fact-checked.
The building has 84 units, 85% is 71. So if eight "remain" unsold, that means they've only sold six units in the past six-and-a-half years? Seems more likely the building is just experiencing normal turnover, with a 9% vacancy rate at the moment, which is, I dunno, not a very big deal?
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According to PVSC 8 units have never been sold.
Units 703,801,803,804,1003,1102,1103,1203, have NEVER been sold.
Total assessed value of the 8 units ....$5,148,800
Seems a reasonable guess that the unsold units are facing the adjacent construction, and are probably rented out.
PVSC tells the truth ( the data is taken from the Registry of Deeds ) but the same cannot be said of developers and real estate agents. And remember the old phrase -'Trust but verify'.
PVSC data is freely available, Registry of Deeds information requires an expensive subscription or a visit to the nearest office and payment of a small fee.