Harlow Cuadra and Joseph Kerekes' house at 1028 Stratem Court was originally listed for $679,000.00, a few weeks later the price was raised to $699,000.00, and now today... the asking price has just been reduced to $471,900.00 - talk about a fire-sale. That's less than what they owe on both mortgages.
Update 2:45 PM: I just noticed this little bit of added information in the comment section: "HOME SOLD AS IS CONTINGENT UPON BANK REMOVAL."