I’ve seen a few like that. Here’s one example I just spotted. 3656 Yosemite is listed for $779,995. It last sold 12/19/2006 for $790k. Doesn’t indicate it is a short sale. It is possible they actually have been making payments for 3 years and reduced their balance a little, minus whatever they put down, if anything (doubt it). I don’t know. Maybe it’ll end up later on my NODs list.
