[quote=kcal09]Notice of Default was recorded on 7/11/11. Default amount is $87k.
Purchase amount was indeed $1.5 million, I would estimate that the owner put in another $150-200k in upgrades and landscaping.[/quote]
Looks like the house has been on the market for a whole year, presumed contingent most of the time. The buyer probably found something else and dropped them like a bad habit.
I do believe the buyer will likely have to end up paying the unpaid property tax.
