13348 Shadetree Ct

[UCGal]

[quote=enron_by_the_sea][quote=DataAgent][quote=ocrenter]jp, our favorite whipping boy, the fabulous “smashing stonebridge sanctuary” finally sold for $850k after 3 years of drama.

http://www.sdlookup.com/MLS-100054326-13348_Shadetree_Ct_San_Diego_CA_92131%5B/quote%5D

That’s a huge total loss. I bet the seller is really happy to be done with that great adventure.[/quote]

Any idea if this was a (re)foreclosure? RE-REO?[/quote]

It doesn’t look like it. Nothing indicating NODs or NOTs on the previous owners grand deed search.

An expensive lesson in how not to flip for the previous owner… 200k lost plus carrying costs…

[ocrenter]

probably a short sale.

[ocrenter]

probably a short sale.

[ocrenter]

probably a short sale.

[ocrenter]

probably a short sale.

[ocrenter]

probably a short sale.

[briansd1]

[quote=ocrenter]probably a short sale.[/quote]

I agree. Nobody writes a $200k check at escrow just for the pleasure of selling. They’d rather walk away.

Does the listing say short sale?

[briansd1]

[quote=ocrenter]probably a short sale.[/quote]

I agree. Nobody writes a $200k check at escrow just for the pleasure of selling. They’d rather walk away.

Does the listing say short sale?

[briansd1]

[quote=ocrenter]probably a short sale.[/quote]

I agree. Nobody writes a $200k check at escrow just for the pleasure of selling. They’d rather walk away.

Does the listing say short sale?

[briansd1]

[quote=ocrenter]probably a short sale.[/quote]

I agree. Nobody writes a $200k check at escrow just for the pleasure of selling. They’d rather walk away.

Does the listing say short sale?

[briansd1]

[quote=ocrenter]probably a short sale.[/quote]

I agree. Nobody writes a $200k check at escrow just for the pleasure of selling. They’d rather walk away.

Does the listing say short sale?

[enron_by_the_sea]

[quote=briansd1][quote=ocrenter]probably a short sale.[/quote]

I agree. Nobody writes a $200k check at escrow just for the pleasure of selling. They’d rather walk away.

Does the listing say short sale?[/quote]

Maybe they put 20%+ down which they lost – could be about $216000+

Lender loses nothing unless the price falls bellow $864000 minus 3 years of principal payments . This brings you very close to the sale price.

[enron_by_the_sea]

[quote=briansd1][quote=ocrenter]probably a short sale.[/quote]

I agree. Nobody writes a $200k check at escrow just for the pleasure of selling. They’d rather walk away.

Does the listing say short sale?[/quote]

Maybe they put 20%+ down which they lost – could be about $216000+

Lender loses nothing unless the price falls bellow $864000 minus 3 years of principal payments . This brings you very close to the sale price.

[enron_by_the_sea]

[quote=briansd1][quote=ocrenter]probably a short sale.[/quote]

I agree. Nobody writes a $200k check at escrow just for the pleasure of selling. They’d rather walk away.

Does the listing say short sale?[/quote]

Maybe they put 20%+ down which they lost – could be about $216000+

Lender loses nothing unless the price falls bellow $864000 minus 3 years of principal payments . This brings you very close to the sale price.

[enron_by_the_sea]

[quote=briansd1][quote=ocrenter]probably a short sale.[/quote]

I agree. Nobody writes a $200k check at escrow just for the pleasure of selling. They’d rather walk away.

Does the listing say short sale?[/quote]

Maybe they put 20%+ down which they lost – could be about $216000+

Lender loses nothing unless the price falls bellow $864000 minus 3 years of principal payments . This brings you very close to the sale price.

[Author]

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