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: Loan Modification & Home Loan News

Update ? Walking Away, Condo Auctioned for $86K

By Moe Bedard

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The condo Fred West paid $250,000 for in 2005, then walked away from earlier this year, sold on the courthouse steps today for $86,432.41. That’s a penny more than the opening bid, according to a site that tracks preliminary results for foreclosure auctions. That’s about $23,500 less than the offer from a West’s prospective short-sale [...]

Full post as published by Loan Modification & Home Loan News on June 23, 2010 (boomark / email).

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