10 potential buyers interested in buying charred home for $800K in Silicon Valley

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An uninhabitable burned-out home in San Jose went up for sale at the price of $800,000. (KABC)

An uninhabitable burned-out home in San Jose went up for sale at the price of $800,000.

While it may sound crazy, there are people willing to pay. A realtor said in less than 24 hours, 10 potential buyers contacted her. She anticipates selling it in a few days.

So what's the reason for the high interest? Buying the charred home and rebuilding on the property is a lot cheaper than buying a brand new home in Silicon Valley.
Related Topics:
realestatehouse firereal estatemoneysilicon valleyNorthern California
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