605 CARNATION CT, SAN MARCOS, CA
Originally purchased in Jan 2005 for $563K this flipper believes that he is entitled to screw people of their hard-earned money because had the privilege of taking dumps in this house for the last 20 months.
With an asking price of $729,000 -$769,000 for the 2647 sq ft home, this flipper stands to make a cool $166K-$206K on the idiot that buys this over-inflated p.o.s.
Excuse my language but I am tired of seeing these flippers taking advantage of naive buyers who think the sky is falling. There is no reason this home is worth more than he paid for it. Honestly, he should be lucky to break even on this home.
....BREAKING NEWS........
The seller has reduced his asking price to $729,000 -$764,000. That should get the wagons circling the house. Lets see how much this one is reduced, I have a feeling it will go under $600K. 606 CARNATION (2517 sq ft) sold for $610K on Aug 2006.
3 comments:
There will always be uninformed people who are tempted to do foolish things. There will always be people that take advantage of the those uninformed souls. What is different this time is the willingness of financial institutions to underwrite the foolish actions of the uninformed.
Keith
With an asking price of $729,000 -$769,000 for the 2647 sq ft home, this flipper stands to make a cool $166K-$206K on the idiot that buys this over-inflated p.o.s.
Personally, I would like to see this A-Hole take a $206K Loss and then have the bank stick it him/her as a 'Capital Gain'..
Mr. Flippa,
I love your attitude. This is how I have felt the past few years. I want these greedy F&@%^s starving in the street.
Taking a dump for 20 months. Bawahahahahahahaha. That's rich.
Post a Comment