SHORT SALE- Reverse Mortgage is higher than the value. To AVOID a Short Sale, this house must be sold at or very close to list price. Otherwise, there are a few others in line waiting for response from the bank. So if you are into remodeling this beauty, you can close quickly at list price, or wait to see if the bank will accept any offer less than THEIR price. The largest model offered in University Heights offers terrific room sizes and a great layout. But as they say..."there's some remodeling to be done!" There are good updates already though, with the roof, furnace and electric being "young", so you can be safe there. The best way for you to evaluate it is to see it, so as soon as we start showing this one (6/26 according to seller) you will have your chance to take a look. There is still some clean-up happening inside, but you will want to redecorate for sure.