Looks like the house on 11119 MORNING CREEK DR. S., SD – Rancho Bernardo, CA 92128 was bought by a flipper. Bought for $585k + 5% auction fee = $614k. I don’t know exactly what they did but base on the pictures I saw on Zip, they at least updated the whole kitchen w/ new appliances, counters, and cabinets. They also repainted the whole house. They didn’t do anything with the backyard though. They’re trying to sell it now for $669,000 – $684,000. Would be interesting to see how this turn out. If it sell for $669k – 6% commission, the total sale = $628k. That’s $14k more than what they bought – what they put in & 1 month of carrying cost, there’s really no room for error for them.
