Friday, May 16, 2008

"4 STORY CORNER LOFT W/ PRIVATE ELEVATOR" I wonder how much elevator repairs cost?





3258 Ne 15Th St. Unit: 3258 Pompano Beach, FL 33062 MLS ID# F844215

● 3 Bed, 3.5 Bath
● 2,292 Sq. Ft
● Year Built: 2005
On the MLS at $625,000
Purchased on 9/7/2005 $735,000
● For a loss of $110000 or about 14.9%

And look at that stair case! How are you supposed to get furniture into and out of this place? Notice how there are no pictures of THE ELEVATOR?

3 comments:

Anonymous said...

How about this one 16

4145 SW 190th Ave. 33029
On MLS: M1224071 for $599,000
http://www.realtor.com/search/searchresults.aspx?mlslid=M1224071&source=a15696&ml=3&typ=7


Purchased 1/29/2007 $950,000
http://www.bcpa.net/RecInfo.asp?URL_Folio=513925055090

Loss of $351,000 or 37%
41% loss after commission.

Anonymous said...

And a slightly larger loss for the bank

19202 SW 39th St, 33029
ON MLS: D1275369 for $599,900

http://www.realtor.com/search/searchresults.aspx?mlslid=D1275369&source=a15696&ml=3&typ=7

Purchased 6/23/2006 for $975,000

http://www.bcpa.net/RecInfo.asp?URL_Folio=513925054560

Loss of 38% or $375,100
42% after commission

Why would anybody pay almost a million for a builder's tract home in west Miramar.

Anonymous said...

Here is another great one.

2228 Quail Roost Drive
Weston, FL
Purchased 1/17/07 fir $1,150,000
http://www.bcpa.net/RecInfo.asp?URL_Folio=503911030270

On MLS for $700,000
http://www.bcpa.net/RecInfo.asp?URL_Folio=503911030270

1st Mortgage $800,000
http://205.166.161.12/OncoreV2/showdetails.aspx?id=40592406&rn=7&pi=0&ref=search

2nd Mortgage/HELOC $344,885
http://205.166.161.12/OncoreV2/showdetails.aspx?id=40592422&rn=8&pi=0&ref=search

However, want to talk about mortgage fraud, the last sale before this was on 12/19/06 for $850,000.