Misery Loves Company
You’ve heard the saying “misery loves company.” Well, there’s lots of company for the rest of the troubled properties out there. If misery’s best friends are despair and grief, then foreclosure’s best friends are short sales and bank repos. Last week I brought you an enormous list of single family homes and condos in trouble. Today I’m giving you some more.
3431 Park Boulevard #404 - HUD Repo
3569 Boundary Street - Bank Owned
3030 Suncrest Drive #601 - Short Sale
It’s hard to believe how quickly the market has changed. It was just a few months ago that we were talking about great deals on condos in the $400,000 range. Now distressed properties are all over the place and prices are falling like crazy. I believe some earlier predictions were that the fallout from the lending crisis would reach its peak around April of this year and it looks like that is just about right.
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So You Like the Down and Dirty (Don’t Worry, I Won’t Tell)
Hot Deals and Downright Steals (You’re Gonna Get Busted!)
