Is this real reduced 100K?

[ns2524_IHB]

<p><a target="_parent" href="http://www.redfin.com/stingray/do/printable-listing?listing-id=610651">http://www.redfin.com/stingray/do/printable-listing?listing-id=610651</a> </p>

<p>I checked it on zip as well, price reduced more than 100K.</p>

 

[zovall_IHB]

Here are the private remarks: "<em>Call owner first to show giving at least 1 hour notice. Gate code xxxx. Friendly dog, 'Sporty' on premisis. Subject to approval of bank on sales price and commission paid to agents. Property in forecloser. Negotiating with bank on shot pay-off.</em>"

 

[socalhousingbubble_IHB]

<p>With the slow spring selling season, these real-estate agents ought to have enough time to check their spelling. From the looks of some of these poorly-written descriptions, you'd think they pay by the minute to be logged into the MLS.</p>

<p>SCHB</p>

 

[nirvinerealtor_IHB]

<p>ns2524,</p>

<p>I do not think it is price reduced by $100K. It was bought in 5/4/2005 for $520K, peaked price, 100% financing from New Century. Then it looks like additional $149K borrowed. It's a 31 year-old condo. At $489K asking is still above market.</p>