Well, unfortunately, our friends won’t be buying that house in Stratford Forest. It turns out that the home needed $30,000 worth of work on its inspection report. This is simply amazing. As I understand it the houses in Stratford forest were built about 20 years ago (give or take). Additionally, they were made entirely of wood (especially the siding) which is all starting to rot and the plumbing is in a class action lawsuit so that may all need to be replaced. This is unfortunate because this is the second home buyer that I know of that was scared away from Stratford forest because of the deteriorating condition of the homes. On paper it may look like a great deal compared to Birkdale but the homes seem to be crap.
All of the homes in Birkdale were built with Fiber cement siding and PVC piping. Saussy Burbank and Lyllian Floyd areknown as great area home builders so I think that we are safe from the same type of 20 year deterioration that Stratford Forest has experienced.
Our friends are now back to looking at homes in Birkdale because they feel that Birkdale is the only place that will hold its value if the market continues to worsen. Does anyone else know of any other areas that they think will hold their value well?
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