That makes sense. There’s a house on Country Creek Drive in Poway, that is being auctioned on the Courthouse steps next week. The sellers just couldn’t bear to lower the price to a good selling point. It’s been on the market for many months. (For some reason, it’s not showing up on ZipRealty, so I can’t give more info on DOM, # of reductions.)
In their emotionally twisted souls, foreclosure was better than “giving it away”, aka selling at market price. What fools we people can be…