What’s up with 10537 Moorland Heights Way, 92121?

[Nachoman]

http://www.redfin.com/CA/Sorrento-Valley/10537-Moorland-Heights-Way-92121/home/4597085

I’ve been watching this place for a while now, initially because they dropped the price by $140k in a month… and now because it’s just been sitting there for about half a year. Similar sized houses in that area have gone for $700k+, any ideas on what is going on with this place?

[Anonymous]

It is most likely a short sale waiting for bank approval.

[Anonymous]

It is most likely a short sale waiting for bank approval.

[Anonymous]

It is most likely a short sale waiting for bank approval.

[Anonymous]

It is most likely a short sale waiting for bank approval.

[Anonymous]

It is most likely a short sale waiting for bank approval.

[Nachoman]

Seems like a long time for a short sale or is that length of time normal?

[Nachoman]

Seems like a long time for a short sale or is that length of time normal?

[Nachoman]

Seems like a long time for a short sale or is that length of time normal?

[Nachoman]

Seems like a long time for a short sale or is that length of time normal?

[Nachoman]

Seems like a long time for a short sale or is that length of time normal?

[SD Realtor]

I would consider normal for shortsales being 8-16 weeks before getting an answer back of whether the lender will accept or not. Then escrow will begin.

[SD Realtor]

I would consider normal for shortsales being 8-16 weeks before getting an answer back of whether the lender will accept or not. Then escrow will begin.

[SD Realtor]

I would consider normal for shortsales being 8-16 weeks before getting an answer back of whether the lender will accept or not. Then escrow will begin.

[SD Realtor]

I would consider normal for shortsales being 8-16 weeks before getting an answer back of whether the lender will accept or not. Then escrow will begin.

[Author]

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