More money to burn in Chula Vista
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Hi I'm Bob Flippa and welcome to "This Old House Flip". We will be investigating detailed examples of flippers attempting to quickly make a profit buying and selling the "American Dream" of owning a home in the San Diego County area. This blog serves to educate potential buyers of the unscrupulous activies of these flippers and will hopefully save you money in the longterm.
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NWS San Diego - San Diego Coastal Areas
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San Diego Union-Tribune Homes
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11/12 - 11/19
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- Best Deals in San Diego County
- More trouble in paradise
- Southland home sales slow to ten-year low
- More fun for flippers in San Marcos
- Over 20% loss in 16 months in San Marcos
- Steep Increase in California Foreclosure Activity
- More money to burn in Chula Vista
- San Marcos flippers fleeing
- San Diego foreclosures up nearly 7% in one month
- Flippers be careful of lead paint and zoning issues
- Mission Valley flipper looking for answers
- -$10K per month hit for Carmel Valley flipper
- ► 11/05 - 11/12 (11)
- ► 10/29 - 11/05 (12)
- ► 10/22 - 10/29 (18)
- ► 10/15 - 10/22 (8)
- ► 10/08 - 10/15 (14)
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- ► 09/17 - 09/24 (9)
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Disclaimer: Observations made by the publisher of This Old House Flip are made based on gathering articles and data from various real estate, governmental and news sources. We are not responsible for errors or omissions of data and news. All opinions made by the publishers of this web site are not to be taken as investment advise. We recommend everyone to use their own judgment and gather facts regarding their real estate or other financial affairs.
1 comment:
The listing price is an unreliable measure. I was to an open house recently that listed for an unsual low $480k. It sold for $540k.
Sometimes sellers set the listing price low to increase interest in the property.
A better measure would be to compare against recently closed transactions.
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