The original mortgage amount is 382k, that is not the sales price.
Sorry I didn’t post to straighten things out earlier but it seemed obvious.
The home is pending at 848k… a bit above 400k it seems. I can with 100% confidence say this home will never ever sell for 400k. I don’t mean to be pedantic, just realistic.
It was on the market for 13 days.
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I thought that would be the case…I’m sure it were $400k, you would probably be one of people lining up too. I know I would.
But hmmmm. Now that you mention it went pending at $848k. I now have the opposite feeling. People still pay $850k for 2100sqft? Wow. That’s not a crack in carmel valley. That’s someone taking industrial strength concrete slabs and propping up support. We’re a long way from the bottom.
