Flips

CV Shorty

After you pay repair/improvement costs, a 2.5% commission, holding costs, and income taxes - not to mention the risk involved - is this flip worth the trouble?  The agent had in his remarks that the last sale of this model was $848,000, wouldn't you think he'd try for...

read more

Another Flipper

The guy from the TV show, Flip This House, wants to show you how to do it too. He has a seminar tomorrow to discuss how he is going to make $150,000 profit on this house at 1036 Edgemont in South Park. The house had been purchased at the trustee sale by our favorite...

read more

Foreclosure Economy

The media wants you to believe that foreclosures are tanking the values of every neighborhood.   They need to look a little harder at what is really happening on the street.  If the banks were more realistic about their opening bids at the trustee sales, they could be...

read more

Realtor Fraud Being Exposed

Hat tip to MB for sending this along, from the wsj.com: Reports of mortgage fraud, which have been increasing since the housing boom, rose to their highest level on record in 2010, Treasury Department figures showed. The Financial Crimes Enforcement Network, a...

read more

Pin It on Pinterest