We’ve seen and heard about flippers paying more and more (too much!) in the competitive trustee-sale environment at the court house steps.  With the backlog of occupants not vacating the foreclosed properties, there is bound to be some overlap.

The 3,278sf house in this video went back-to-bene in December, but only recently vacated.   A few doors up, a flipper paid $810,000 on April 28th for a slightly bigger model on the same side of the street, but there you have to look through the trees to see the golf course.

Lo and behold, both hit the MLS within three days of each other, both priced at $899,000 –  and the race to get out first, was on!  This one was marked pending today:

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Jim the Realtor
Jim is a long-time local realtor who comments daily here on his blog, bubbleinfo.com which began in September, 2005. Stick around!

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