WTF?

707 MARTINIQUE Dr Redwood Shores, CA 94065

OK, another WTF post. There's no purchase info for this place, but the owners had it pre-2001. In 2001 they refi for $200k. Then in 2006 they refi for $940k. One year later, the property is foreclosed on and goes back to the bank. Where are these people and what is their story?

Now listed for 45 days.. with 2 other places of similar size asking just a little bit less. (50-90k less but slightly smaller and I'm not sure of the quality)

Listing Price History
Date Price May 20, 2008 $1,070,900
May 28, 2008 $1,045,900
Jun 26, 2008 $950,900