I happened to be crusing around on my Vespa yesterday and noticed this place, all fenced up and looked like it was half demolished and half attempt at fixing. But it was not in progress as the weeds pretty much took over the yard. I was thinking someone was going to make it their dream home, but probably more like someone doing a fix and flip.
Bought 08/04/2006 for $725k. The NOD was filed way back 12/13/07. Foreclosure finally was scheduled 4/1/08. Original Loan : $640,000.00 – WaMu special. I never noticed it in the MLS, but it says it sold 04/18/2008 for $671k. I don’t know if that’s the price back to the bank or if someone somehow bought it.
Nevertheless, it took the bank well over a year and it was not listed for sale or short sale or even habitable. What excuse could they possible have for sitting on a wreck of a house?
