[quote=UCGal]It looks like it originally sold in 2007 for $780k. then was foreclosed on in Jan 2011. From the notes I posted on sdlookup:

from fidelityasap.com

Sale Status: Sold 01/03/2011
TS Number: 439140CA
ASAP Number: 3841782
Notice of Sale Amt: $686,221.23
Opening Bid Amt: $475,750.00
Sold Amt: $510,000.00

So it was bought by a 3rd party. And since it was a trustee sale – that third party didn’t have an inspection clause or anything like that. They got hosed.[/quote]

Who would have thought a relatively new house on the auction block would have such a big issue. Would have thought this would have been a no-brainer at $510k.