The Riverside townhouse in Burbank seemed too good to be true...

This unit at 400 W. Riverside #4 in Burbank has been on the market for awhile, but just had a MAJOR price reduction down to $344,500.  That's a very low price for a 3-bedroom, 2.5-bath unit that's over 1500 square feet.  With its own attached garage. And they were offering a 3.5% credit!  In the Burbank Rancho -- your horse could live nearby! And redone inside with a new kitchen, smooth ceilings, relatively low hoa fees, a pool, bla bla bla.  My clients and I went racing over there last night.  It seemed too good to be true...

Alas, it was.  The listing agent told me this a.m. that they were probably going to accept an over-full-price offer today.  No time for my clients to write one.  Jeez, that was fast, especially for a foreclosure.  And so disappointing for us, too.  But as I said below, the best cure for the "home that got away" is always another home. Sigh.