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S.D. developer offers 2-for-1 deal

June 5, 2008 7:07:41 AM PDT
A developer is offering a buy-one-get-one-free deal on homes in San Diego.Buy a mega-mansion for $1.6 million and get another smaller home for free.

The mansion has three bedrooms, a large kitchen, garage, a pool and a view. The smaller home in downtown Escondido is valued at $400,000 dollars.

The developer says it simply needs to reduce inventory, but is it a good deal?

A real estate expert says there is a comparable mansion down the street for $300,000 less built by the same developer, and unless you want a second house, just demand a discount on the mansion.


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