Officials at Seminole County and the cities of Oviedo and Winter Springs are considering buying the courses for their residents if a newly commissioned study by the Jupiter-based National Golf Foundation shows they can afford the purchase, sources in a position to know at the three governmental groups tell GlobeSt.com.

The properties are the 6,589-yard Winter Springs Golf Club course at 900 W. State Rd. 434, Winter Springs; the 6,603-yard Sabal Point Country Club course at 2662 Sabal Club Way, Longwood; and the 6,683-yard Twin Rivers Golf Club course at 2100 Ekana Dr., Oviedo. The courses have been on the market since June 2005.

The reduced asking price is $7.28 million for the three properties or an average $2.43 million each, according to national brokerage sources dealing exclusively in golf course sales. The initial asking price was $8.45 million or an average $2.82 million per acre. Banc of America Strategic Solutions Inc. of Charlotte, NC repossessed the courses from Orlando-based Meadowbrook Golf Inc., county and city officials confirm for GlobeSt.com. Banc of America Strategic Solutions Inc. manages distressed loans for Bank of America.