We haven't seen much of this strategy, until recently. This particular property is being marketed at 1/2 of "market value". The traffic is steady and offers are coming in. It will be very interesting to see what this property actually sells for. This is "bank owned".
Lakeshore Real Estate Specialist in the Brainerd Lakes Area, including Whitefish Chain and Gull Chain, Pelican, and several hundred other desired Northern Minnesota lakes.
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