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Originally Posted by Realtor 1
No, it was a short sale meaning the bank thought it made more sense to take a bit of a hit on the property than go through the foreclosure process which can be $$$ for the bank.
It is a top floor unit and other similar units below it have sold for at least 150k. Managed by condo first and has a healthy reserve fund of around 25k. I believe it was converted roughly 5 years ago!
Just to be clear, this isnt my listing but thought I would start sharing some great deals to be had with all of you! Too bad this one should be firm by tomorrow.
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Healthy reserve fund of $25K ahaha that is BAD for a building that old.Should BE MUCH higher.