This house was foreclosed on February 4, 2008 when the previous owner owed $435,000. 

The bank re-sold it to this guy for $285,000, and he put 20% down on 7/10/08 – and by then borrowers had to qualify for their mortgage.

Ten months later his NOD was filed, in May 2009. It was foreclosed again on 3/18/2011:

Pin It on Pinterest