Double foreclosures here in 2006 and in 2008. Lets have a 10 year history lesson here, shall we?
1998-2008 at 217 Hanover St. in Providence Rhode Island
1998 – bought by an investor for $10K, probably got a new (used) toilet
1998 again – flipped for $47K, moving on up
1998 later still – flipped once more for $73K, alright, keep it coming
1999 through 2005 – vinyl siding happens, as does 2nd floor porch removal—definitely justifies…
2006 – saaaaaaale at $295K! Ding ding ding!
2006 – ooops, that didn’t work out, lets foreclose
2006 – hey sweet, new buyer at $142K
2007 – another $295K sale! Woohoo—after only five months, Jose L Valdera, a mortgage broker, a shady lender, and criminally negligent appraiser split $153K . Nice work fellas.
2008 – ooops, another bad sale, better foreclose on this one again. Oh well.
Nearby Houses:
None yet photographed. Please take a picture if you see one.
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