Tuesday, February 19, 2008

Swamp land in western sprawl, Realtor will help with moving and closing expenses HOUSE IS NOT OVER PRICED! Stop being so unreasonable, stupid buyers!




21869 Palm Grass Dr Boca Raton, FL 33428 MLS ID# R2889597

● 4 Bed, 2.5 Bath
● 3,134 Sq. Ft.
● Short Sale ! Priced to Move !
● Year Built: 1995
● All photo's you see are NOT recent, Home is Vacant & Pool Needs Chemicals.
On the MLS at $399,000
Purchased on Jun-2005 18730/1181 $560,000
● For a loss of $161,000

Bubble trouble history!
Jun-2005 $560,000
Oct-2000 $272,500
Sep-1997 $210,000
May-1995 $176,900

With twenty percent down, 79,800 a lone would be 319,200 but this house will likely return to values closer to oct 2000 and would stilll fall over 50k under the lone if we assume that that the real price is about four percent a year increase since 1995. Another case of Over Priced AND Under Water!

Long slow sale, not short sale -The MCP tsk'd.

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