Tuesday, March 9, 2010

2nd

lien holders:click

more money:click

You knew this anyways...click

plunger alert from 2500 sq ft max: tks again Max.
These type of finds are starting to accelerate with respect to tract home McMansions selling for way less than purchase price. This one is new to the MLS (3 hours ago) and sports a relatively modest 3100 sq ft.

MLS: R3092723 asking $469K

Purchased: 2/2007 for $725K

http://www.bcpa.net/RecInfo.asp?URL_Folio=513925053110

That is a $256K (35%) loss.

2500 sq ft Max.

March 8, 2010 12:35 PM

Florida on sale:click still not enough in our view.

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