Market Conditions in Concord>Question Details

Jim Rankin, Home Buyer in Wellington, KS

adelia ct concord

Asked by Jim Rankin, Wellington, KS Tue Jul 17, 2012

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Pacita Dimacali’s answer
This property is still available for sale, with price reduced from $349K to $325K

It's currently offered as a short sale

Listing agent said that buyers should offer at least the list price, and should be willing to wait up to 60 days (very common) to get answer from short sale lender

Looks like they have two loans on the property, both with Washington Mutual, now with JP Morgan who posted Notice of Trustee Sale (foreclosure at auction) back in April 20....It's possible the bank gave extension for sellers to find buyer.
2 votes Thank Flag Link Tue Jul 17, 2012
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