Today's F@cked Buyer (Davie)

It's simply impossible to ignore the suspicious nature of this property. It was purchased just seven months ago for $1.5M using 100% financing for more than double its 2004 purchase price. Then, just seven months later, it's being offered as a short sale for 33% off the purchase price? How does someone get themselves in trouble that quickly?

This property was briefly listed for $799,000. A few days ago, the listing agent raised the price to its current price. Why?

It seems fitting that this home is in the Imagination Farms sub-development.

3913 SW 135TH AV, Davie, FL 33330

• 5 Bed, 4 Bath SFH
• Bought in May 2007 for $1,500,000
• On the MLS for $999,000
• Days on the Market: 82
• Loss before the Realtor® commission: $501,000
• Loss after the Realtor® commission: $560,940