Thursday, October 29, 2009

Under Contract...

According to the real estate website William E. Wood and Associates... Harlow Cuadra and Joseph Kerekes' former house in currently "Under Contract".



The asking price was $365,000, so it'll be interesting to see what the final amount will be... assuming the sale actually happens.

Perhaps this is one housing saga that may finally come to a close.

Update @ 11/02/2009: In the event anyone's interested... the current owner is listed as:

Owner Address: 3476 STATEVIEW BLVD., FORT MILL SC 29715-7203
Transfer Date: 7/13/2009
Document#: 20090713000800730
(Source: Real Estate Assessment Search)

It's an address for a Wells Fargo Home Mortgage office. Wells Fargo Bank was also the original mortgage holder.

3 comments:

  1. I suspect it may be a short sale for less than the listed price.

    We will see:)

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  2. $365k is less than the senior mortgage. The junior mortgage(s) are already dust in the wind.

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  3. "Geoff Harvard said...
    $365k is less than the senior mortgage. The junior mortgage(s) are already dust in the wind.
    "

    I agree.

    Assuming the contract of sale goes through, I don't think it'll be too far off from the asking price... the banks have lost a bunch already - and this price seems more in line of what the actual value should be.

    ReplyDelete