Tuesday, September 14, 2010

Plunge Alert

asking 390k, waterfront, short water Deerfield: click

price history: Price Reduced: 08/14/09 -- $610,000 to $595,000
Price Reduced: 09/09/09 -- $595,000 to $470,000
Price Reduced: 10/12/09 -- $470,000 to $430,000
Price Reduced: 12/03/09 -- $430,000 to $427,000

purchased in 03 for 397k.
click

Flipper folly??

2 comments:

140 dollars per sq foot said...

I saw that one too, they live in Port St Lucie, so it does look like a failed flip.
They should have dumped it in 2005 for a nice profit.

Anonymous said...

Here is a tract home Mcmansion foreclosure with a major price reduction. From the pictures of this foreclosure on the MLS, it looks like you have to bring your own appliances, countertops, faucets etc, because there aren't any.

ON MLS: H879604 asking $323K
Purchased: 7/2007 for $650K

http://www.bcpa.net/RecInfo.asp?URL_Folio=514031021130

How does unloading at $323K affect the adjacent.

Purchased: 1/2007 for $888K
Purchased: 8/2007 for $690K

2500 sq ft Max