Update to “To Catch a Falling Knife”

23435 Via Alondra
23435 Via Alondra

The photos in the listing for 23435 Via Alondra look as if somone is living there.  They do not look staged.  23435 Via Alondra, the featured property in our post, “To Catch a Falling Knife“,  is shown as selling to a third party at the foreclosure auction on 1/07/10 for $610,000, and it was listed for sale on 2/01/10 for $774,000.

Did anybody even move out or in?  And who bought 23435 Via Alondra?  It was someone who had $610,000 in cash.  Was it the 2nd holder protecting his investment?

He “sold” this home in May of 2007 for $935,000.

One could make a case that there were hardly any payments made on the 1st mortgage.  The present owner was the listing agent for 23435 Via Alondra the last time it was for sale.

There were no postponements of the auction.

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