The 2nd probably got five cents on the dollar if they’re lucky with the first holding that boat.
As for the steal. Or deal depends. Seems like a lot of people feel that this house, in this situation, even listed at $850K should have been sold for a million.
Given your experience, and other’s concerns of fraud, how much below ‘short sale’ market do you think this was with the rumors what the state of affairs on the property (i.e BBQ island)?
At $850K listing last September, how many offers do you think they should have gotten given the typical short sale experience of trying to get people to see it?
