pemiliza
Thats a beautiful home with lots of upgrades and very nice landscaping/hardscaping. Its a short sale so it would likely take at least 3 or 4 months to actually close escrow. That looks a good price for that home and they should ahve no problem generating offers on it at that price.
Seller paid 1.2M and likely put $100K plus into it after closing outside and inside. Buyer put about $350K down and then heloc’d out 250K a month later to finish upgardes and exterior improvements. Buyer looks like they owe about $1.1M. There are comps in the last 6 months in the $1.1M range. This looks like an attempt to generate a quick offer and its questionable as to whether the bank would go for this.