Thursday, October 05, 2006

**Flipper Alert**Flipper Alert**Flipper Alert**


3508 ROCK RIDGE ROAD, CARLSBAD, CA

This flipper purchased this home on 12/16/2005 for $682,990. He listed it for sale on 5/15/2006 (6 months later) for $849,000. One hundred forty three days later the price has been reduced to $769,000-$799,000.

It is amazing how these flippers operate. Did he really think in today's market you can swindle your way to a quick profit? Now he has his neighbors excited, watching every price reduction he make.

Stop this nonsense. In my opinion this house should sell for no more than $450K today and $375K by next summer and $325K by next Fall. Clock is ticking.

By the way, you're neighbors seem to have a nice view of your backyard, frontyard, bedrooms, kitchen.....ahh so much for privacy.

3 comments:

just some guy said...

what's with that stupid balcony over the driveway?

this is an extreme flip because the landscaping in the backyard is not complete.

i wonder what the HOA fees and mello roos are doing to this person?

aaiiiiiiieeeeeeee!!!!!!!!!

Anonymous said...

great blog...keep up good work.

bubble_watcher said...

This guy is going to get hammered. I can feel it in my bones..