Hey, Didn't They Just Buy That?

Posted by Dave Fratello on Tuesday, August 3rd, 2010 at 6:13pm.

You've searched and found the perfect house. You act quickly to get it. Close escrow, move in.

And then realize it's not going to work.

You hope that won't happen to you, but it's more or less the reason we now see 861 10th (5br/6ba, 4500 sq. ft.) back on the market, just 5 weeks after close of escrow on the most recent sale.

Yes, 5 weeks – not years or months.

The story is that the current owners came to Southern California from outside the area, expecting a certain kind of commute to a certain work area. But the new job has worked out differently than expected, with more time in Orange County and a drive that isn't any kind of pleasant.
Maybe best to switch cities before growing roots.

If they're going to resell, the new owners can at least say they've got a terrific Craftsman that made a splash on the market back in May when it hit at $2.695m. They grabbed it within 4 DOM and took a little discount to $2.635m.

New list price: $2.699m.

For those who were hovering around the home last time before the current owners grabbed the property, it's a rare second chance.
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