Thursday, June 27, 2013

#615 taken by Fannie Mae

As expected Fannie Mae takes #615 for $57,800

On 11/10/06 unit #615, a 3/2, was purchased by Peachy Gayatin, now of Tempe, Az. for $168,200. NCC eventually filed on it for past due condo fees and it was sold at auction 6/18/12 to Gordon Harris for $9,500.

Now the original mortgage holder, Fannie Mae, has taken the unit back at auction and it will eventually be turned over to a local realtor to sell.  The sale price should be in the area of 45-55% of the original sale, or approx. $84,000 +/- a few thousand.