Today's F@cked Buyer (Ft. Lauderdale)

Don't worry about this condo's location, it has stainless steel appliances and granite counter tops! The price has dropped 35% in 13 months.

1470 N DIXIE HY # 13, Fort Lauderdale, FL 33304

• 2 Bed, 1 Bath Condo
• Bought in September 2006 for $226,500
• On the MLS for $148,000
• Days on the Market: 12
• Loss before the Realtor® commission: $78,500
• Loss after the Realtor® commission: $87,380
  

New request: I am looking to add "buyers" that have multiple distressed properties for sale. If you know of any, please provide a link or MLS listing to one of their properties. I want to highlight some of speculators that were caught holding multiple properties.