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- Short Sale: 347 Days On Market, Reduced $250,900 -- ...
Short Sale: 347 Days On Market, Reduced $250,900 -- 345 Old Short Hills Rd, Short Hills, NJ 07078
CirclingVulture
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This property is now listed as a "short sale," where the lender is willing to accept less than the loan balance to avoid the expense of pursuing the foreclosure process. A property listed as a "short sale" may indeed not avoid foreclosure, since either no offers, or an offer below bank expectations, will scuttle the attempt at short sale.
The property has spent 347 Days On Market, with several price drops totaling $250,900 which is a 30% price reduction.
Below is the listing history for this property:
Apr 28, 2006 - $849,900 - MLS # 2273504
Jun 27, 2006 - WITHDRAWN
Oct 22, 2008 - $785,000 - MLS # 2593464
Jan 19, 2009 - $750,000
Apr 22, 2009 - WITHDRAWN
May 05, 2009 - $725,000 - MLS # 2679950
Aug 11, 2009 - WITHDRAWN
Sep 22, 2009 - $599,000 - MLS # 2715748
Posted: September 25, 2009
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