$261,846 nothing insane in pricing to the last decimal place!

1230 NE 11Th Av Fort Lauderdale, FL 33304 MLS ID# F863615

● 3 Bed, 2 Bath
● 1,570 Sq. Ft.
● 0.13 Acres
● Year Built: 1958
● Property Owner HSBC BANK USA
● On the MLS at $261,846
● Purchased on 3/31/2005 $394,900
● For a loss of $133,054

Wow, what a house! It's 50 years old, not refurbished and spitting distance to the rail road/commercial district. And it can be all yours for over a quater of a million! And how about that tax bill, $6,837.94? I can understand stubborn ignorant sellers with their "wishing prices" but a BANK, what do you bet that if you asked HSBC BANK USA for a loan to buy this house for this absurd amount they would turn you down. Sellers even banks with foreclosed properties are as insane as March Hares off their meds!




1029 NE 9Th Av Fort Lauderdale, FL 33304 MLS ID# M1211021

● 2 Bed, 2 Bath
● 1,236 Sq. Ft.
● Year Built: 1953
● Property Owner DEUTSCHE BANK NAT`L TR CO
● On the MLS at $199,900
● Purchased on 8/26/2004 $320,000
● For a loss of $120,100

Well I guess there is some trueth to the meme that wealthy foreigners are buying up our cheap houses after all. HSBC is Hong Kong based and you can Guess Deutsche Bank's origin.





1121 NE 10Th Av Fort Lauderdale, FL 33304 MLS ID# F906777

● 3 Bed, 2 Bath
● Year Built: 1953
● Property Owner DEUTSCHE BANK NATIONAL TR CO
● On the MLS at $210,000
● Purchased on 12/30/2005 $455,000
● For a loss of $245,000



1129 NE 10Th Av Fort Lauderdale, FL 33304 MLS ID# F893023

● 2 Bed, 1 Bath
● 930 Sq. Ft.
● Year Built: 1953
● Property Owner WACHOVIA MORTGAGE CORP ATTN: ORE DEPT
● On the MLS at $275,000
● Purchased on 9/16/2005 $435,000
● For a loss of $160,000



1041 NE 9Th Av Fort Lauderdale, FL 33304 MLS ID# F907274

● 3 Bed, 2 Bath
● 1,126 Sq. Ft.
● Year Built: 1954
● New this week!
● On the MLS at $299,999
● Purchased on 7/15/2005 $450,000
● For a loss of $150,001

Bonus History
07/15/2005 $450,000
11/30/2004 $280,900
11/14/1996 $50,000
04/17/1996 $44,600
040/6/1995 $33,000