Banker loses more than half the loan!

2585 SE 9Th St Pompano Beach, FL 33062 MLS ID# M1176646

● 3 Bed, 2 Bath
● 2,309 Sq. Ft.
● Year Built: 1967
● Property Owner CREDIT BASED ASSET SERVICING AND SECURITIZATION LLC
● On the MLS at $649,900
● Purchased on 5/5/2006 $1,300,000
● For a loss of $650,100

History!

5/05/2006 $1,300,000
6/17/2005 $1,150,000
4/03/1995 $287,500
2/01/1978 $129,000

Do the neighbors know what this house is going to do to their comps? This house has actually lost a hundred dollars more than the listing price!