I think that a little bit of clarification is in order.
First off, the 12885 home sold for 630k. I always find it comical when people say things like “I have (unsupported)doubt that the Sellers agent helped the particular buyer.
Now the buyer did end up paying 3800 towards the sellers closing costs. The home went contingent within a few days after being listed. Translation, you have to move fast. Finally there was a notice of Trustee Sale on 10/24/11 so they had to move quickly.
13198 Downing Lane is already in Pending Status. The agent does a fair amount of Scripps work and the accepted offer is in the 750k range.
13162 Downing is an REO and just went pending but I don’t know for how much.
It will be interesting to see how the current batch will do. There are several pending and a few contingents. I think there are a couple of the contingents that could indeed for markedly lower then list price due to days on market.
