Fort Lauderdale investor ready to buy 28 homes in Versailles development

A home for sale in Versailles

Christopher Anzalone, a 27-year-old investor and president of Fort
Lauderdale-based Liberty International Real Estate, says he has
contracts to buy 28 of approximately 40 homes on the market in
Wellington’s Versailles
community, which has been plagued as the subject of a mortgage
fraud scheme. The contracts total about $18 million, he said. Anzalone’s
biggest deal was the purchase of a home in the development for $800,000
on a home where the bank was owed $5.7 million. He is currently a
renter in the 415-home community. [Palm
Beach Post]