from the 3700 sqft Sienna Ridge REO that sold for $870,000 in September, let’s walk down a few homes and make a left on to Sienna Ridge Place, then make another left onto Camino San Thomas, where you’ll see…
10219 CAMINO SAN THOMAS, SD – Rancho Bernardo, CA 92127
–another 3700 sqft REO, just came on for $839,900…
hmmm… that’s $30k in 2 months…
now the bank was losing around $11000/month on that Sienna Ridge REO from early 2006 to its sale in 9/2007. good thing the bank found its buyer in September.