Thursday, February 4, 2010

10 percenters

If 10 percenters will owe more than is valued than make that 20 would yah being that 10 percent are deliquent:click

catch a falling knife:click
price history:
Price Reduced: 03/03/09 -- $1,400,000 to $1,200,000
Price Reduced: 04/14/09 -- $1,200,000 to $980,000
Price Reduced: 04/20/09 -- $980,000 to $850,000
Price Reduced: 07/24/09 -- $850,000 to $845,000
Price Reduced: 09/29/09 -- $845,000 to $749,518
Price Increased: 09/29/09 -- $749,518 to $849,518
Price Reduced: 12/03/09 -- $849,518 to $799,418
Price Reduced: 02/04/10 -- $799,418 to $650,000

adverted as short sale with owner financing? paid 599k. appears to be 2 home owner.
click

final judgement entered by hsbc bank on 10/19 for 775 and change. property tax lien filed in september.

Nearly 100k foreclosures:

click

more coming:click

2 comments:

140 dollars per sq foot said...

Your falling knife flipper paid $500k in 2000 for the property, which is a short water.
Considering she overpaid in 2000 (IMHO), I think she may be lucky to get $450k now.
I expect this one to end up as a short sale soon.

140 dollars per sq foot said...

Correction, she paid $599k in 2000