Sunday, February 1, 2009

To 1999 prices and Beyond!…..

San Diego House

Coming to a country near you soon..... During the bubble, the house for $420 thousand in 2006 (with 100% financing from subprime lender Argent Mortgage). After foreclosure last year, the house sold to cash flow investors in November 2008 for $130 thousand (less than the 1999 price) and is currently being offered for rent.

Posted by mrperegrination @ 07:47 PM (486 views)
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