About Bonita Springs' Shadow Wood

Don't believe the evening news or everything you read in the papers. Southwest Florida's real estate is doing just fine. Since the January 1^st, the gated golf community of Shadow Wood in the Brooks has been hot, HoT, HOT!

How about $21,096,450 in homes and condos purchased? How about 33 new residents in one of the most outstanding communities in the Bonita Springs - Estero area?

The number includes 13 condos for a total of $4,453,400.

Single family home purchased totaled $16,816,150!

There are still some great properties being offered to those who want to spend some or all of their time in PARADISE.

I'd love to help you find a home in Shadow Wood in the Brooks.

Foreclosures in Shadow Wood Country Club

I never cease to be amazed at the opportunities that this real estate market is offering to those looking for a vacation or retirement home right now. Just a few short years ago there was no such thing as a Foreclosure in a quality community like Shadow Wood.

While they are not the norm I still see just this sort of opportunity occasionally pop up. What it spells for my clients that see and act on this is value. When is the last time you saw values roll back to prices that were common nine or ten years earlier? This is the first time I have seen it. Many prices are half of what it would cost to build new even in this climate where builders trade dollars just to keep their companies operating.Take a look at the Foreclosures in Shadow Wood Country Club.

None of us saw this devastation coming and it has left many wondering if it could get even worse. The bright and the bold are jumping in with both feet and embracing the opportunity. Lifestyles that were only a dream 5 years ago are within reach. How is your investment portfolio? Better than two years ago to be sure, but are you confident that the escalation in the Dow is real or is it being fueled by speculation? Is gold going up or going down?

How about these questions? Is it warm in Southwest Florida in January and February? Do people want to be where it is warm in the winter? Does Southwest Florida provide a quality of life found in few vacation destinations? Will people place value in such a place? The obvious answer is a resounding YES!.

So here is my read on all of this. Invest your money in a quality home in a quality development like Shadow Wood. Take a look to see if there are any foreclosures in Shadow Wood Country Club. Enjoy the spoils that previously have been reserved for the elite few, and enjoy the ride. When is the last time you sipped lemonade sitting on a stack of stock certificates? Now imagine sipping lemonade on your lanai and watching the cranes land next to the lake on number Nine. Sounds a little better doesn’t it.

Call us at the Dohack Group and allow us to begin watching for the right opportunity for you. We have first hand experience at evaluating, buying, and selling with value and investment in mind.

Previously it was announced that the members of Shadow Wood Country Clubb (SWCC) reached and agreement with Bonita Bay Groud (BBG) to purchase both the Golf Club at Shadow Wood and The Commons Club amenity center. This was confirmed in a press release by BBG on September 1st.

In a blog post written to the members yesterday - 9/9/09 - it was reported that the deal is dead.

Why? The paramount issue in this deal, as well as golf club buyouts all over, is the huge liability on the books for member deposits. The chief restructuring officer for BBG, in a recent meeting, stated that BBG is adding a requirement that limits BBG's liability to $250,000. The current deposit liability for both clubs is on the order of $4 million.

A couple of strategies were talked about that could enable the new club to take on the liability including selling off some golf course property for additional single-family homes and changing the refund policy to 3 for 1.

BBG represented that there were at least 2 buyers offering to pay more cash and assume the liabilities from BBG for member deposits.

All I can say at this point is...stay tuned. This is not a matter of if a sale takes place but rather when and how much.

The Jordan Team has nine homes open in Shadow Wood at the Brooks this Sunday, April 13th. If you are a golfer Shadow Wood is a MUST SEE! With over 54 holes of the best golf in the area Shadow Wood is a golfer's paradise. If you are not a golfer Shadow Wood is equity golf so if you don't want to golf then you don't pay. Enjoy the top-of-the-line amenities encluding an unbelievable beach club located on bonita beach.

The following homes will be held open

Sunday December 7th, 2008 from 1 to 4PM

9100 Willow Walk - $1,595,000

22020 Chartwell View - $1,345,000

9091 Falling Leaf - $599,000

9054 Falling Leaf - $500,000

23061 Rosedale #201 - $399,000

For more information contact

Justin Jordan

w/ the Jordan Team

239-287-1371

JustinJordan@kw.com

Shadow Wood

The Jordan Team has seven homes open in Shadow Wood at the Brooks this Sunday, April 20th. If you are a golfer Shadow Wood is a MUST SEE! With over 54 holes of the best golf in the area Shadow Wood is a golfer's paradise. If you are not a golfer Shadow Wood is equity golf so if you don't want to golf then you don't pay. Enjoy the top-of-the-line amenities encluding an unbelievable beach club located on bonita beach.

Here are some of the great properties that are being featured at this weekends open houses! See you their!

9300 Lakebend Preserve - $2,795,000

10551 Timber Lawn - $1,699,000

9100 Willow Walk - $1,595,000

22310 Fairview Bend - $1,499,000

9091 Falling Leaf - $649,000

9054 Falling Leaf - $569,000

22981 Rosedale #201 - $449,900