Shadow Wood, Brooks members to buy clubs from Bonita Bay Group
A deal for members to buy the Shadow Wood and Commons clubs is in the hole. Or so it appears. After calling off an agreement to buy their golf and social clubs in The Brooks in early September from their developer, members have negotiated a new deal that could lead them to victory. On Monday, Bonita Bay Group announced an agreement in principle for members to purchase the two clubs — and their assets — for $8.25 million in cash. In the original agreement, members would have paid $8.3 million. “Probably the biggest thing was the price. We got a b

Amerivest Realty Announces September Leaders
Closings By Dollar Volume: Michael Kolb After I had finished my education in Germany with a degree in computer science and economy I started my business career as a consultant. So I got a great experience in organising and the understanding, what people want and need. Some years ago we spent our holidays in Naples and fell in love with this region. My wife bought a shop for European Kids fashi

August Sales Leaders
Closings By Dollar Volume: Carter Wheeler Carter is a native of Boulder, Colorado and now lives in Naples with his wife and two daughters. Carter is very knowledgable in all areas of Real Estate and specializes in listings and foreclosures. From Luxury Waterfront Real Estate to Investment Properties or First Home purchases contact Carter. http://carte

MEMBERS BUY CLUB AT MEDITERRA
95 Percent of Mediterra Members & Residents Support New Club NAPLES, Fla. (Oct. 23, 2009) – The Mediterra Members’ Advisory Board and Bonita Bay Group today announced an agreement for the members of the New Club at Mediterra to purchase the combined club assets for $6.8 million in cash and assume the $15 million Community Development District (CDD) debt. The agreement received strong support from the residents and members of Mediterra with 95 percent of former members and an additional 150 residents, who

Should You Buy That Condo?
Homeowner’s fees apply to a large majority of communities in Naples and Bonita Springs FL.  Many of these communities have seen homes go to foreclosure which means that the dues are left unpaid.  This causes the residents to have to bear the unpaid cost creating an increase in HOA dues or even a special assessment on the community.  On the flipside, prices are low. And for the brave home buyer, there are bargains out there. The trick is looking closely at the homeowner association’s health. Buyers need to question the association board about dues payments, and have their inspectors examine common elements before committing to a purchase. It’s also