Depend on it sir, knowledge that his house is to be auctioned off in a fortnight concentrates a debtor's mind wonderfully

47 Alpine Road was purchased for $7.2 million in 2005. When their lender started whining about getting paid in 2016, the owners began looking for a buyer, first at $8.995 and then at successively lower prices since. It dropped to $5.5 million today, with the notation “all offers due Monday 3/21/22 at 12:00 PM”.

That makes sense, because after fighting foreclosure since 2017, the house is finally due to be auctioned off on May 22nd. The debt is “only” around $4 million, and banks in these situations are often the only bidder. If they are, they take back title for what they’re owed, no more. Bid a buck over the bank, and if there’s no other competition, win a prize.