This one is already a bank owned, the 200k+ loss is the lender’s loss, we don’t know if the buyer had any skin in the game. 80 days on the market and still no buyer, good thing the banks are made of money and can ride us out. I looked at the pictures and it is a nice place, someone will buy it when they get the price right. In the last downturn I remember lener owned properties always advertised better than market rates and 0 down just to get someone in the house paying, I’m not seeing that this time around, guess they have had their fill of that particular dish.
