Tuesday, June 24, 2008

When Condo's attack! Short sale, or buy my place NOW or buy it from the bank later for less!!!!1!



1033 NE 17Th Wy Unit: 704 Fort Lauderdale, FL 33309 MLS ID# D1283353

New this week!
● 3 Bed, 3 Bath
● 2,571 Sq. Ft.
On the MLS at $499,000
Purchased on 10/26/2007 $710,000
● For a loss of $211,000 or about 29.7%

2 comments:

Anonymous said...

Here is another good one.

115 ISLAND COVE WAY
Ballenisles
Palm Beach Gardens, FL 33418

Purchased for $985,000
http://www.pbcgov.com/papa/aspx/web/detail_info.aspx?p_entity=52424213240000080&geonav=Y&styp=general&owner=&city=-1&zip=&method=address&cidx=-1&sdiv=&sdivnam=&stno=115&pdir=&st=island&strnm=&sufx=&ptdir=&cty=&rng=&twp=&sct=&blk=&lot=&book=&page=&tangid=&condo=&condoname=&use=&usnam=&sloc=&prd=&pedir=&podir=&famt=&tamt=&fsqft=&tsqft=&srt1=&srt2=&srt3=&stpage=0&adlfilter=

with a first mortgage of $788,000 and a second for $197,000 or 100% Loan to Value or nothing down.

http://oris.co.palm-beach.fl.us/or_web1/new_sch.asp?search_entry=ELWELL+ROY+C&search_by=Name&PageNumber=1&OrderBy=rec_date&Accending=DESC&FromDate=&ToDate=&filter_string=&filter_by=&PageSize=20&RecSetSize=100

It was then refinanced in Nov 06 with a first of $932,000 and a second $233,000 total loan $1,165,000.

Current asking price $699,000 or a loss for the bank of $466,000 assuming they actually can sell at this price.
http://palmbeach.expertrealty.com/palm-beach-gardens/home-details/r2916689-ballenisles-115-island

TheSixteenthHour said...

Thanks Michael for such a well researched comment! How ever you can post live links in the comments its easy. Just place the links you are pasting into the following which I can't write exactly because you won't see the html.

1. Start withe this symbol <
2. then A HREF=""
3. paste entire link text between the quote marks
4. next close with this symbol >
5. Put some words for users to click-on like PURCHASED for $1,000,000
6. end it with this symbol <
7. and /a
8. and lastly >

Michael said...
Here is another good one.


115 ISLAND COVE WAY Ballenisles Palm Beach Gardens, FL 33418

Purchased for $985,000


with a first mortgage of $788,000 and a second for $197,000 or 100% Loan to Value or nothing down.
It was then refinanced in Nov 06 with a first of $932,000 and a second $233,000 total loan $1,165,000.

Current asking price $699,000 or a loss for the bank of $466,000 assuming they actually can sell at this price.