I don’t know why the bank would foreclose if they had a short sale in the works. The short sale anywhere near the original sale price would seem to me to have been the better alternative for the bank unless they actually thought it was worth a lot more. Now they have holding costs and a timeline to get rid of this property.

The assignment I did during which I saw this then-active listing was 3 months ago and I haven’t been back there since. I don’t know anything about the other properties you’re talking about. It was just a coincidence I happened to have analyzed this listing. Sorry.