There’s been another serious blink in SEH. This one is at 8*5 Hollowbrook.

This home was originally purchased in May 2005 for $800k by what appears to be an absentee owner/investor. I first noted this house in early summer when the asking price was $750-850k. That was later reduced to a flat $750k. It has now been reduced to a range of $675-750k. The comments note it is a short sale subject to lender approval.

My question for the pros out there. Would the lender (in this case Countrywide for both a first and second TD) have already agreed to the low end of this range as a selling price?

Also of note, the next-door neighbor with an inferior lot is also selling with an asking price of $910k.