2003'ers listing for break-even

[carrido_IHB]

I'm noticing a number of new listings over the past few weeks that are coming from purchases made in 2003 and are listing at/near break-even.



<a href="http://www.redfin.com/CA/Mission-Viejo/26591-Valpariso-Dr-92691/home/5080257">26591 Valpariso, Mission Viejo, CA 92691</a>

<a href="http://www.redfin.com/CA/Mission-Viejo/22352-Platino-92691/home/5085144">22352 Platino, Mission Viejo, CA 92691 </a>

<a href="http://www.redfin.com/CA/Trabuco-Canyon/19525-Dorado-Dr-92679/home/4806257">19525 Dorado Dr, Lake Forest, CA 92679</a>



Any opinion from the group on whether these sellers are serious? Any other ideas about what might be motivating these listings?

 

[QH Renter_IHB]

The homeowners need to sell, but don't want to lose any money so they list the home at the break even point even if the house is worth less than that. Just a guess.