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%

Oh to be a millionaire home owner, now at discount!

9541 Eden Mnr Parkland, FL 33076 MLS ID# F905208

● 3 Bed, 2.5 Bath
● 2,984 Sq. Ft
● 0.39 Acres
● On the MLS at $788,000
● Purchased on 6/14/2007 $1,050,000
● For a loss of $262,000 or about 24.9%


9534 Exbury Ct Parkland, FL 33076 MLS ID# F912795

● 5 Bed, 4 Bath
● 3,444 Sq. Ft.
● 0.16 Acres
● On the MLS at $750,000
● Purchased on 1/19/2007 $1,084,800
● For a loss of $334,800 or about 30.8%

Parkland isn't just western sprawl it's prestigious sprawl! Stop laughing West Boca!!

6300 NW 58Th Wy Parkland, FL 33067 MLS ID# F930054

● 3 Bed, 2.5 Bath
● 2,404 Sq. Ft.
● 0.17 Acres
● On the MLS at $349,000
● Purchased on 11/17/2006 $605,000
● For a loss of $256,000 or about 42.3%

History, lest we forget! Oh bubble, you certainly had your way with this house!

11/17/2006 $605,000
07/22/2004 $295,000
11/18/1997 $177,000
06/01/1989 $186,700

Almost 50% percent off its bubble, yawn... The carnage rages on.

6222 Northwest 50Th St Coral Springs, FL 33067 MLS ID# H844103

● New this week!
● 3 Bed, 2 Bath
● 2,094 Sq. Ft.
● 0.18 Acres
● On the MLS at $237,000
● Purchased on 1/26/2007 $465,000
● For a loss of $228,000 or about 49%

Sales History:
1/26/2007 $465,000
9/25/2006 $389,000
11/8/2002 $245,000
2/24/1997 $154,500

Little house with not so little losses, was the last sale the foreclosure? Beats me!

5838 Eagle Cay Ln Coconut Creek, FL 33073 MLS ID# H848193

● New this week!
● Property Owner LASALLE BANK NATL ASSN TRSTEE
● 3 Bed, 2 Bath
● 1,473 Sq. Ft.
● 0.07 Acres
● On the MLS at $209,900

Sales History:
05/12/2008 $294,300
05/31/2005 $315,000
10/12/2001 $152,000
11/26/1996 $112,500

Sales history is classic of the bubble! If we assume a value growth rate of 5% per year since it was built (just to speculate) the value of the home would be about $180,000 not adjusted for inflation. Of course 5% growth is just guess work given how undesireable living out in western sprawl with nearly zero public transport (busses that come a few times an hour would be all) and little to nothing walkable the growth might be nothing or even negative with every dollar fuel prices rise.

"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?

This post brought to you by commenter- big john: Here is a classic, this house is in Ibis Golf and Country Club off Northlake BLVD

9012 Sand Pine Lane West Palm Beach, FL 33412 MLS ID# R2890557

● 3 Bed, 2 Bath
● 2,420 Sq. Ft.
● Year Built: 2003
● On the MLS at $225,000
● Purchased on Dec-2006 $370,000
● For a loss of $145,000 or about 39.1%

Banker losing money on over priced townhouse, but its in a good area east of US1

2461 NE 14Th St Unit: 2461 Pompano Beach, FL 33062 MLS ID# F907946

● Property Owner HSBC MORTGAGE SERVICES INC
● 3 Bed, 3.5 Bath
● 1,832 Sq. Ft
● Year Built: 2000
● On the MLS at $294,900
● Purchased on 7/11/2006 $405,000
● For a loss of $110,100 or about 27.1%

Sales history:
7/11/2006 $405,000
7/30/2001 $229,900

Zero $'s exempt, green pool ='s house investment gone wrong? Oh yeah!

3820 NW 78Th Ln Coral Springs, FL 33065 MLS ID# F923074

● 3 Bed, 2 Bath
● 1,681 Sq. Ft.
● Year Built: 1975
● On the MLS at $198,000
● Purchased on 8/30/2006 $390,000
● For a loss of $192000 or about 49.2%

Time to play lying or stupid?

3505 NW 82Nd Av Coral Springs, FL 33065 MLS ID# F927385

● New this week!
● Property Owner MONTERROSA,EDGAR
● Mailing Address 3505 NW 82 AVE CORAL SPRINGS FL 33065-4537
● 4 Bed, 2 Bath
● 2,258 Sq. Ft
● 0.28 Acres
● Year Built: 1970
● On the MLS at $199,500
● Purchased on 1/21/2005 $340,000
● For a loss of $140,500 or about 41.3%

From the realtors comments on the mls posting:

-Bank Owned property located in a residential community of tree-lined streets.Lots of upside to this home.All offers to be faxed to the L.A. including buyer pre-qual or proof of funds.

Um, it isn't bank owned as far as Broward county has to say.

Corprate owned in Coral Springs, this isn't the house your looking for, move along.

2542 NW 82Nd Te Coral Springs, FL 33065 MLS ID# F926932

● New this week!
● Property Owner FEDERAL NATIONAL MORTGAGE ASSN C/O CITIMORTGAGE INC
● 3 Bed, 2 Bath
● 1,622 Sq. Ft.
● Year Built: 1972
● On the MLS at $204,900
● Purchased on 6/20/2006 $340,000
● For a loss of $135,100 or about 39.7%

New update on protected house comp down $40k, now is a terrible time to buy STILL

1041 SW 17TH St Boca Raton, FL 33486 MLS ID# R2760581

● 4 Bed, 3 Bath
● 3,276 Sq. Ft.
● Year Built: 1981
● Was on the mls back in February at $429,00
● On the MLS at $399,000
● Purchased on Jan-2006 $639,300
● For a loss of $240,300 or about 37.5%



783 CAMINO LAKES Cir Boca Raton, FL 33486 MLS ID# R2800922

● 4 Bed, 2.5 Bath
● 3,330 Sq. Ft.
● Year Built: 1978
● On the MLS at $549,000

Protected we were told by a realtor who told us in no uncertain terms during an open house that it would definetly sell for the high 500's. OH OH!

But credit on stuborness seller