Wednesday, July 25, 2007

1252 Jackson Street, greater fools club

Thanks to an alert reader we have 1252 Jackson Street, what a mess.
This looks like a modular home in a neighborhood of Arts and Crafts Bungalows?
Flipper #1 listed this POS back on 02/13/2002 $449,900
Flipper #1 finally bailed out on 07/21/2003 $263,999

Flipper #2 listed this POS on 08/24/2005 $384,900
Flipper #2 finally bailed out on 03/31/2006 $355,000

Flipper #3 listed this POS on 05/31/2006 $419,000
Flipper #3 has lowered their asking price to $315,000

Looks like flipper #3 is the greatest fool...
or the bank who loaned them $382,200 in 2006
property is vacant and weeds are growing around the entrance

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