Home › Forums › Housing › What housing depreciation? › Looks like the bank didn’t
Looks like the bank didn’t get anywhere near the $5,500,000 that was listed as the estimated value in the auction flyer. Matter of fact, looks like they only got $3,300,000
http://www.sdlookup.com/Property-8727EF8D-1702_Valdes_Dr_La_Jolla_CA_92037
I don’t think this was an auction sale, but a sale after the auction, but not sure about that.
Does anyone with access to the loan databases know how much the banks ate on this one?
XBoxBoy