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Old 10-27-2005, 10:49 PM
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Lightbulb Home Purchases Made Sight Unseen

A few years ago, James Hanrahan, a real estate broker in Florida, experienced a property sale like none he had ever done before.

He sold a house on Longboat Key, off the west coast of Florida, to a family from Stockholm for $600,000.

The unusual part? The family never visited the house before buying it. Today, the property is worth more than $2 million.

"They knew this particular area and wanted direct waterfront with good views," the Sarasota-based agent said. "A number of other Swedes live in that same area, so they were very motivated."

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