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.
(Click to enlarge)
Remarks:
A few examples of Rancho Bernardo home owners who are below the curve on timing the real estate market (some as much as $230K). Some homes are actually listing under 2004 prices. I am sure these set of owners will not be the last to be on this prestigious list.
Posted by Bob Flippa at 9:46 AM
6 comments:
And these listing prices are just wishing prices. Could (Will) be a lot worse. Sucks to be them.
Thanks for the good work Bob.
Just found this blog,
Great work,
Looking to buy at some point and this kind of info. help keep us grounded.
Sure seems like there a re a ton of people waiting to buy? I wonder if they have cash and good credit or they are dreamers hoping for 1996 prices?
Judging by the purchase dates these guys look like either investors or flippers... as if there is a difference. If these new credit standards stick maybe we can finally get back to more reasonable prices, pop this bubble in housing and have all the money that went into housing go in a more beneficial area... great job on your blog...
How exacly are you calculating the "potential loss" here?.... Is it me or is your math a bit off...???
This site is just to true!EVEN SO I HAVE BEEN SO DEPRESSED DUE TO THE CONSTANT LIES IN THE MEDIA,SEEMS U CANT FIND TRUTH ANYWHERE. I WAS LAUGHING SO HARD READING YOUR SITE I GOT TEARS IN MY EYES!MADE MY DAY, THANKS FOR THE TRUTH KEEP IT UP.WHAT U THINK THE GOV IS GOING TO PULL OUT OF THERE HAT NEXT??????
Post a Comment