the 4 letter word:click
how to live rent and tax free:click we have seen instances of this where persons have lived in a home they managed to milk the bank for over 1 million dollars and then live rent and tax free for more than 2 years and are still living there. amazing.
populus: click
earnest:click
skip to main |
skip to sidebar
Real estate news and opinions
Disclaimer: please read, not for profit
this blog is strictly for entertainment purposes only. We are not real estate professionals, only casual observers. Any information within should not be construed or relied upon as true fact or advice . The owners/bloggers /contributors of this website specifically disclaim all warranties, express, implied or statutory, regarding the accuracy, timeliness, and/or completeness of the information contained herein.
Not for profit:
All ad fees wll be donated to http://www.cheetahexperience.com. In less than 10 years they will be gone. Cheetahs are the only big cat that purr's and the only big cat that can be trusted in a professional setting. We are their biggest fan. And yes, I am just another crazy cat lady. !!
Not for profit:
All ad fees wll be donated to http://www.cheetahexperience.com. In less than 10 years they will be gone. Cheetahs are the only big cat that purr's and the only big cat that can be trusted in a professional setting. We are their biggest fan. And yes, I am just another crazy cat lady. !!
Fla Assoc of Rltrs / MLS search
Reading Room
Sales Data, Mtg, Foreclosure
- RESPA new rules book
- reported sales with charts
- Closing
- FHFA
- Latest reset graph Mar 09
- Reset graph 2
- Rent vs Buy calculator
- Real Estate 2009
- Madoff Map
- ALT A Mtg Reset graph
- Blockshopper foreclosure trend
- Data Quick
- Foreclosure Map
- Home gain survey
- John Burns Real Estate Consultating
- Mortgage Deliquency Map
- Radar Logix price per sq ft.
- The Sixteenthhour
Sales Data & Info
- Aol real estate
- Chinese Drywall
- Cyberhomes
- Equity Lock
- HGTV's Front Door Loss/Gain
- Housing rebound
- Housing Tracker
- HUD Natl resource locator
- Linguistic Forecasting
- Melissa Data home sales data
- Onboard
- PB & Broward recent sale
- Property Shark
- Real Estate ABC
- Walk away calculator
- Wiki Broker
- zillow
- Zip Realty
2 comments:
"Ouch" is also a four letter word. Here is a bank owned tract home McMansion sporting a respectable 3500 sq feet that is 1 day new to the MLS with a major price reduction.
ON MLS: M1374008 asking $346K
Purchased: 3/2007 for $730K
http://www.bcpa.net/RecInfo.asp?URL_Folio=513936021800
This is a $384K (53%) loss.
How does a $346K asking price affect the adjacent.
Purchased: 8/2003 for $392K
Purchased: 2/2007 for $610K
2500 sq ft Max.
"Ouch" again. Here is a another bank owned tract home McMansion sporting a respectable 3400 sq ft that is 2 days new to the MLS.
ON MLS: N267656 asking $328K
Purchased: 12/2006 for $810K
http://www.bcpa.net/RecInfo.asp?URL_Folio=513936022820
That is a $482K (60%) loss. If you include a 6% sales commision it just makes it to the $.5 million loss club at $501K
How does a $328 asking price affect the adjacent.
Purchased: 2/2004 for $381K
Purchased: 7/2008 for $370K (this was also a foreclosure with a previous sales price of $875K)
A more and more common thread here is when you see these foreclosures invariably the property assessor's market value is way below the purchase price...is it a strategic default?
2500 sq ft Max.
Post a Comment