cute house and the remodel was done between 2005 and this sale so the loss is muc greater. It was a short sale. Prior owner put money down and the 1st was only 720K so not much of a loss there. Loans were never refied so they pretty much only had to deal with a 90K non-recourse 2nd lien. It took a year but was a good set-up for someone to get a nice house at a good price.