Junk REO *Update 1*

I last featured this disaster at 1308 26th back in November 2010.

Previous Purchase: 4/15/04 - $698,000

They tried to short sale it in 2009 but then stated that the seller declared bankruptcy at the last minute and that there were three different lenders. Messy.

REO Listing History: 11/11/10 - $669,900

SOLD: 2/15/11 - $570,000