Phoenix real estate strategy of 'flopping' examine [Realty] - MarketTicker Forums


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User Info	Phoenix real estate strategy of 'flopping' examine in forum [Realty]
Dan721 Posts: 2776 Incept: 2007-08-23 Phoenix, AZ Online	Quote: The bank, usually unaware of the other waiting buyer, accepts a lower price from the investor, who then quickly resells the home - for a higher price - to the waiting buyer. No one complained when the SAME EXACT technique was used to RAISE property values/comps in the 2000s. Read more: http://www.azcentral.com/business/reales.... 2010-11-14 14:07:43 Permalink
Halfbrite Posts: 2459 Incept: 2008-10-13 Arizona via California	Hmmm - no dates - no facts - no names - no numbers - just inuendo. Typical for what passes for "reporting" from the Az Republic Newspaper. As to the factual admissions of 102,000 felonies of fraud/perjury on the court admitted to by B of A? - no time to cover that. Great real estate coverage, just great. ---------- "That which cannot continue, will not continue. Brace for impact!" 2010-11-14 17:56:50 Permalink
Resistance Posts: 6162 Incept: 2008-09-26 Banned	FWIW, Tempe prices are 60% off from the peak... ---------- "Why must political experiments always be in the direction of more government? Why not give the free market a county or even a state or two, and see what it can accomplish?"Murray Rothbard - The Fallacy of the Public Sector 2010-11-14 21:44:19 Permalink