Today's F@cked Buyer (Sunrise)

This foreclosure is down 53% from it's purchase price. It shows what is happening to the 55+ communities in Broward. They're getting absolutely crushed.

9700 SUNRISE LAKES BL # 301, Sunrise, FL 33322

• 1 bedroom, 1.5 bath Condo
• Bought in April 2005 for $51,500
• On the MLS for $24,000
• Days on the MLS: 14 Days
• Loss before the Realtor® commission: $27,500
• Loss after the Realtor® commission: $28,940