Pending after just 12 days, which suggests a cash sale

8 Hobart Drive, in uplands, $4.995 million. This was a very nice house back when it was new, and a client of mine made a run at it while its builder was sinking. He rejected our admittedly low offer of salvation and lost it to Patriot Bank instead — dumb move, but spec builders always think they can hang on, until they can’t.

In the event, Patriot grabbed it in 2010 and eventually sold it in January 2012 to these owners for $3.675 million. I’d say they did well.