Today's F@cked Buyer (Miami)

Just a few months ago, short sales were typically were intitially listed at or near the original purchase price. Now, it seems like short sales are being initially listed far below the purchase prices. In this case, this home is being offered for 36% below its purchase price 16 months ago.

13513 SW 183 TE, Miami, FL 33177

• 3 Bed, 2 Bath SFH
• Bought in August 2006 for $340,000
• On the MLS for $219,000
• Days on the Market: 5
• Loss before the Realtor® commission: $121,000
• Loss after the Realtor® commission: $134,140