Sunday, February 14, 2010

Plunger Alert

price history here:
Price Reduced: 08/03/09 -- $1,100,000 to $1,000,000
Price Reduced: 08/05/09 -- $1,000,000 to $950,000
Price Reduced: 09/03/09 -- $950,000 to $900,000
Price Reduced: 10/15/09 -- $900,000 to $875,000
Price Reduced: 11/06/09 -- $875,000 to $850,000
Price Reduced: 11/17/09 -- $850,000 to $800,000
Price Reduced: 01/22/10 -- $800,000 to $750,000
listing here:click

Purchase here:click on site 300 days. Aurora loan services appears to have filed an LP in september of 09 for 777k and assignment in November. or in other words if I read the records correctly the house is now indebted approximately 400k more than they paid for it. Now you why some homes have such high asking prices.

Foreclosures fall:


cruises craigslist lots of homes adverted with "wish" prices of one million plus, even saw several higher priced. big change in the profile of adverts on craigslist.


1 comment:

Anonymous said...

You are correct about wishing prices. This one is on the MLS AND craigslist with an absurd asking price of $1.09mil in a development of at best $400K tract homes McMansions.

MLS id: H857617 and also on craigs list. This was originally ( about 5 months ago) had an asking price close to $1.2 or 1.3 mil.

It is dangerous to have the most expensive property in the neighborhood.

After 5 months, you gotta wonder if anyone is going to pay over one mil for this version of Xanadu.

2500 sq ft Max.