Realtor trick:
Price the reo low and have 20 offers. create a bidding war.
Some are doing it with short sales.More than likely they will bid it up to an amount that the Bank couln’t get at The Court House Auction. What stupidity.In the next few weeks there are several on Anchor,Orion,Hollowbrook,Antilla and Eclipse are in Tax default and NOD’s and NOT.
Rememember high Mello roos area over $5000 Plus ++++ regular taxes +++ HOA.
This is the street,Horizon, next to anchor as discussed on OC realtor blog