Properties lost to foreclosure during the 2008 housing collapse are still wending their way to resolution

272 Valley Road, Cos Cob, on the curve just before Dumpling Pond, has been sold to a New Jersey buyer for $980,000 by the bank that foreclosed on it in 2016. I don’t know what the bank was doing with it all this time, but perhaps it was just lost in the paperwork.

The former owners defaulted on a mortgage loan from Countrywide Bank back in 2009, but that bank’s collapse stalled things until 2014, when a successor-in-title finally began foreclosure proceedings.

By the time these old cases do finally clear up, the court dockets will be ready for the 2024 bust. Phew!