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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FollowBefriend1 threads4,819 comments Monterey, CA
That's one expensive kitchen.
FollowBefriend (3)60 threads413 comments Oakland, CA
$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.
FollowBefriend (5)55 threads2,492 comments
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.
FollowBefriend (3)12 threads600 comments
What are they really profiting on this after fees/capital gains/improvements, assuming they are not realtors?