Pugh facing foreclosure on Brush Park Condo

[ndavies]

While Pugh maybe the the one hitting the news, Many of those units either have been and are being foreclosed on. The Units originally sold for between $175,000 and $400,000. They are now selling for Between $65000 to $100,000. The early adopters lost thier asses.

I was lucky, I had bought one of the smaller units for $195,000 in 2001. I sold it in 2008 for $211,000. The person who bought my former unit was foreclosed on last year. The unit sold for $65,000 this fall. I know of 5 other units in the building my unit was in, that were either foreclosed on or given back to the mortgage company. There are currently 2 units listed for short sales on Realtor.com