thw winds of Change, REO brooklyn

In sort of a BAD part of town (Brownsville/Ocean Hill), this "TLC" property was listed at $599,000 just as little while ago


Confucius say: you can't polish a turd

It just landed on Trulia.com as a Bank-owned foreclosure, "Buyer Assumes All Hpd/Aep Violations And Penalties" charmer listing at $299,000.

again... that's an asking price dropping from around $600K to $300K.

Holy Crap.

What a difference a day makes.
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UPDATE April 4, 2010
at $289,900 ... no takers