Is this a flip? Is this a realistic assessment of the appreciation going on in Concord already, or is there something else at play? Curious since you know the area.... Seems over-priced to me but what do I know. Can you tell if this was bought at auction (how?), or was this a foreclosure sale that may have taken a long time to go through....
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That's one expensive kitchen.
$98K for less than a month's work?
Then again you can ask anything for a house. Getting it is another story.
There is NO WAY that house will pull anything close to $350K in Concord.
The house is in the $250K Neighborhood. You can see the $350K Neighborhood a couple blocks away.
6 houses for sale (Red)
35 Preforeclosure and foreclosed not yet on market (Blue)
Plenty more houses where that one came from.
What are they really profiting on this after fees/capital gains/improvements, assuming they are not realtors?
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