Exciting in Escondido

Escondido, 2004…….

Phil is a smart man, and wanted to show his wife just how smart he was. "Honey, I just bought a house in Escondido!" His wife was ecstatic, “So how much do you think we will make this time sweetie?” Phil replied, “Plenty, just watch and learn.”


Today,….

Well Phil I hate to break it you but you’re our next feature story on “This Old House Flip”. Yes, you made it here because of you’re tireless efforts to screw people of their hard earned money.

The Details

Phil purchased 1529 Hornbean Gln, Escondido, CA in the Summer of 2004 for $505k. Phil thought he would stick it out for 2 years to avoid paying the capital gains tax. Well, Phil you’re too late. Phil originally listed his home for $495K on 6/5/2006. Now he is entertaining offers between $459,900-$479,900. Good for you Phil you have impressed your wife by sticking to your guns. However, you have been on the market for over 3 months, its time to start chopping again.

Thanks for playing the flipping game

Are you next?