On Wednesday 12/21/2016 a buyer at auction picked up a 3BR/3BA Condo.
The lender was owed $892,322... But the property has a market value of $858,003 so they decided to drop the bid price and draw in a buyer.
Bidding started at $701,250... and there was someone ready and willing to pick up the property below market price.
They bid just one penny over. Got it! $701,250.01
I wonder if they stuck the auction receipt in someone's stocking....