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Versailles in Wellington FL | Homes for Sale | Market Report March 2016
Versailles in Wellington FL | Homes for Sale |  Market Report March 2016
 
Versailles in Wellington Florida, undoubtedly, has the most amazing prices in the country for mini mansions! When looking for homes for sale in Wellington Florida, where else can you find properties with stunning renaissance style architecture covering over 5000 square feet under air priced for less than a million dollars? These are remarkable values.
 
 
Often buyers ask why are the prices so low in Versailles in Wellington Florida and if the prices are that low, what is wrong with the community or the homes? Well, we say one man's folly is another man's opportunity! It was during the pinnacle of the boom in Wellington Florida that Versailles in Wellington Florida had started to be built. At that time, houses in the state were selling for over $1,000,000.
 
 
Generally, what happened was individuals and speculators bought several homes almost during the same time as they dreamt of flipping these pre-construction McMansions for over $100,000 in quick profits. They took risks on putting the properties up for sale even before the builders finished them and before they closed on their loans. These people just got entangled when the bubble burst unexpectedly. At that point, in Versailles in Wellington Florida, mortgage fraud was also prevalent. ... more

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