I actually looked at this property this week as a rental. The listing agent showed it to me and they purchased a larger home in Carmel Valley somewhere. So they went to the "hang on and rent" option. It was in very nice condition, was upgraded to some degree and had a very decent sized back yard for the size of the home.
I thought that would be the case…I guess I'm still looking for the asian family that violates the "hanging on no matter what" syndrome…Although I think I might have found one. One of my neighbors that bought about 5-6 months ago and overpaid just put their home on the block again. Interesting.
