chaos

foreclosure fun, seems paper shuffling, etc. one congreeman wants to halt all foreclosures in florida:click

piles of chaos;click how about the willing particpants, like the publix clerk who qualified for a million dollar mortgage?

Flippers folly

Here's one: click apparently the seller who purchased it from a bank for 400k last year, believes the recession is officially over and the property is now worth 295k more. purchase here: click how bout those 15k year taxes eh......we found one outstanding mtg for 300k. I guess he didn't get memo that I got from the local used house salesman.

Oh look, I like this guy, he predicts a fall in prices: click

more free houses???click

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??

short sales

I also wonder about this click

they left one source out, greed:click

Free money and free homes:click
we love the comments

zero property tax:click

just for fun we looked at the palm beach foreclosure calander for october 5th,
there are 104 sales that day :click

someone who has trying to get me list my house with them wrote: "The market continues to be polarized. We’ve got lots of inventory….and few buyers. According to (redacted)’ research, this condition is projected to continue for the next 3 -5 years minimally." .

Flippers

3-5 years sell for double?click we think they are in for a huge surprise.

foreclosure folly:click

broward leads in foreclosure filings:click

Let it fall

we have to agree:
click

and we just figured this out now....click

foreclosures:click just wait. the catch me if you can aug 2010 recasts should be hitting about now.

HELOC hell?click

Pending home sales

here's a well put little chart with an eye opening view:click

deliquencies rise:click

old listing, new news, remember 3701 N.E. 34th. paid 775k had a bunch of
plaster architectural features? anyways zip sent me a note it was being adverted as a short sale with asking of 599. dont see it now. someone bought it no doubt,
here is original purchase:

click

Property taxes to increase; click

Hope you had a fun weekend. will try and publish at least twice weekly. wrist still painful.