sad story... the owner probably could have financed the $300000 and sold the unit, better solution for the owner and the neighbors.  Z picked up the NOD the coop filed as in foreclosure, which in some employee at Z is same as sort of same as ...

Thank Caroline,

The owner kept fighting us and fighting us and fighting us (mostly with regard to legal fees and the fact that she doesn't want to accept her situation as real) - so instead of selling and keeping the substantial amount of equity she would have had- she is now close to break even. The bank attempted to foreclose before us- but instead they have poor risk protocols (I previously managed finance risk management training at investment banks- so I have an idea of the weaknesses inheriant in their processes) and instead they modified the mortgage ignoring the condo association in the process. It's just a mess. She couldn't qualify to refinance- but selling was an easy solution.

Sam Shueh Zillow doesn't seem to have any liability - they're the teflon website!