It’s in the downtown highrise in what is now called the East-Village. It is a nice place, just now there are so many nicer condos out there for cheaper she had no choice. She already has her own condo and thus couldn’t just walk away from the loan without potentially losing her first home. She makes good money and will recover in a few years but still a hard lesson learned on how not to be a flipper.

Bugs nailed it right though. 50k now is a small decrease where in 2000-2001 that was a HUGE drop. How times have changed.