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Blog Post 29324 Sugarcane, Murrieta, CA

Category: Foreclosure New

Published: Monday, March 22, 2010

Talk about overpriced!  This one is owned by Fannie Mae & they basically priced it $40,000 above the closed comps.  It qualifies for Home Path financing which involves no appraisal contingency.  You wait long enough & someone who has lost out on enough homes will bite on this hook.  Really great home in decent shape with a nice yard. This is the 2nd foreclosure on this home as it sold for $385,000 in Dec of "07.  Yikes!

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