Wednesday, October 24, 2007




Today's F@cked Buyer (Palm Beach Gardens)

This asking price on this home is 31% off the purchase price from only 15 months ago.

9151 VILLA PALMA LANE, Palm Beach Gardens, FL 33418

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.

8 comments:

Anonymous said...

try william s williams, i offered him 600 k for the property on 2333 ne 18 ave last year and he scoffed but not until he made us put it in writing and pre approval

Anonymous said...

That Villa Palma townhouse has the cheapest-looking kitchen I've ever seen. Looks like laundry room cabinetry:

Kitchen

Anonymous said...

I too thought that was a laundry room. Michael

Anonymous said...

Try Daniel Osborn - he purchased three houses in Mirasol

House 1 Purchased $541,714
currently not sold

http://oris.co.palm-beach.fl.us/or_web1/details.asp?doc_id=14271577&file_num=20040440411

House 2

http://oris.co.palm-beach.fl.us/or_web1/details.asp?doc_id=16553955&file_num=20070356788

Purchased $928,132 on 9/5/2006
Sold $825,000 on 7/25/07

House 3

Purchased $773,165 on 9/5/06

Currently listed for $699,000

http://www.mirasolproperty.com/listing_sheet/R2791236

and the bank has filed a forclosure notice.

http://oris.co.palm-beach.fl.us/or_web1/details.asp?doc_id=16549742&file_num=20070352863

http://oris.co.palm-beach.fl.us/or_web1/details.asp?doc_id=15959102&file_num=20060510256

Anonymous said...

Here is another REALLY F*cked buyer

Palm Beach Gardens Mirasol

Purchased 11/05 for $1,200,000
123 Monte Carlo Dr.

http://www.pbcgov.com/papa/aspx/web/detail_info.aspx?p_entity=52424203080000390&geonav=Y&styp=general&owner=SHEER%20ARNOLD&city=&zip=&method=owner&cidx=&sdiv=&sdivnam=&stno=&pdir=&st=&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=

Listed for Sale $890,000

http://www.mirasolproperty.com/listing_sheet/R2815362

Loss before commission $310,000
Loss after commission $363,400 assuming he can sell the place for $890,000.

Anonymous said...

I don't know, the buyer bailout is beginning in earnest. All over the news tonight.

Anonymous said...

Hey guys today i was at the broward county court house and observed these guys filing foreclosures, thay had boxes and told me that they are there all day filing. When i spoke to the clerk she told me that there are 500 foreclosures getting filed weekly. Wow this is just the begining....

Steve S

Anonymous said...

Wow!!!