As of tonight, this REO is still marked as an active listing. Yet the agent responded with the typical supreme confidence that permeates the business these days.
He sent this via a text message, “Sorry, but you’re way too late to this party. We had 30 offers. The bank has selected one.”
Maybe the banks will start helping with our inventory problem.
It looks like the former owner of this house on Crest stopping paying in 2009, but BofA just foreclosed on January 11, 2013. Hopefully it’s because the bank senses an opportunity, and we’ll see more REOs?
Are the kids so attached to video games that smaller yards are preferred?
This yard is dwarfed by the super-sized house, but it backs to open space and might be tolerable for buyers who like the idea of a low-maintenance yard:
The last sale of this model closed less than a month ago, and was $10,000 higher than this list price – so could you call this a free ocean view? It’s probably not worth much more than that, because you have to stand in just the right spot to see it.