Cant beleive Serbal finally closed. That one took a couple years.
Morera did get done quickly because of the bank involved. I’ve done a couple with that bank and it was probably a portfolio loan.
Dont want to say no mid 800’s on LCG house because 850K is the magic number these days. Anything over that is pretty tough unless its a screaming deal. It does say the short sale is approved so it could probably go at or about the current asking price. With that said, dont know that the bank would take mid 800’s instead of taking it back as an REO.
Saw one in Encinitas listed at $1.2M on Ocean Bluff. I asked how many offers and the agent said he stopped counting but it was over 10.
