Monday, March 29, 2010
Living in the past
A few years ago you could buy a house, live in it for a year and make $100k. Here's a owner that thinks those days have returned.
3140 Crestview Dr. Norco. The homes sold one year ago to the current owners for $515k. After one year of ownership for what ever the reason the new owners need to bail. I doubt these are flippers since they have horses. Flippers don't bring horses to a flip, they bring paint, carpet and sod. Apparently it's upgraded beyond belief! Although the pics show basic white tile and builder grade cabinets in the bathroom. I have no idea if they poured any money into this or not, but after a year in the home these folks think they are entitled to $115K. Any think these guys have a hope in hell? There's been a few flips sell in the mid $500s recently but those were much larger homes. I'm thinking if they can get out for what they paid they are doing great.