Anyone have any interesting or noteworthy properties that have shown massive losses in a subsequent sale, from a previous sale that was at or around the peak years of 2005, 2006, and 2007? I remember seeing many an insanely priced listing in the uber wealthy range of $20 million plus that eventually sold for less than 50% of asking price, but what about actual losses. There were various estates highlighted here and on other sites that had mortgages in the $10 million plus range, that eventually were taken back by the banks and sold for substantially less…I’ll have to dig those up.
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