Wynchase Townhomes. Underwater and Now About to be Upside down!
Pity the poor folks who bought in this section of Fore Ranch, in Ocala, Florida!
These homes were built and sold in 2005-6 for $180-$200k. And now are short selling for $80-$90k!
But when it rains it pours!!! Tropical Storm Debbie decided to blanket the area with 11-12" of rain. Now those town homes are sitting on the edge of a precipice. In fact, several were evacuated.
Let's hope they don't become upside