Friday, December 01, 2006

Deal of the Year--Short Sale




Realtor stated that owners owe $520K to bank and have recieved a notice of default. The price looks great, but may be a relators scam to loor potential buyers.

Monday, November 27, 2006

Memo to flippers: Its not 2004!

LISTING DETAILS:



SALE DETAILS:




ANALYSIS: Why do flippers think they can still make a profit? Don't these people have friends, coworkers or even family members reminding them of their stupidity? I'll offer $400K even.

Are you the next idiot to by this home?

LISTING DETAILS:



SALE DETAILS:


POTENTIAL PROFIT: Over $100K
ANALYSIS: This greedy flipper is not going down without a fight. Bottomline is no one is going to pay a million dollars for this ordinary house. It is acutualy worth more like $450-$550K.