485 Ebi Way

485 Ebi Way was put on the market 8/1/08.  This was a home that was to be auctioned off (foreclosure) and someone purchased it at the auction.  The home is 2,669 sq ft, 5 bedrooms, 3 baths for $439,000.  It will be interesting to see what this home ends up selling for. 

I am starting to see homes that were purchased at the foreclosure auction, put on the market by the private individual who purchased the home.  Basically they are flipping them.  I’m not much of a gambler, but in this current market I would have to get a really great price on a home to want to try to flip it.