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IWOG - opinion please....

By krc   2013 Jan 24, 4:20pm   1 link   1,065 views   3 comments   watch (1)   quote      

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....

http://www.redfin.com/CA/Concord/1368-Rosemary-Ln-94518/home/793318

Thx

#housing

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1   Bigsby     2013 Jan 24, 4:29pm  ↑ like   ↓ dislike   quote    

That's one expensive kitchen.

2   BayArea   314/314 = 100% civil   2013 Jan 25, 7:29am  ↑ like   ↓ dislike   quote    

$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.

3   KILLERJANE     2013 Jan 26, 11:07pm  ↑ like   ↓ dislike   quote    

What are they really profiting on this after fees/capital gains/improvements, assuming they are not realtors?

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