Friday, July 27, 2007

24207 East Glasgow Circle

Thieves among friends..
Our flipper bought this investment 09/27/2006 $615,000, loan only shows $492,000?
Our flipper listed this 10/20/2006 $679,000, non owner, refied 05/16/2007
they must need some $ for the landscaping.
Our flipper has lowered the ask price to $659,000.
Now if they really paid $615,000, after REALTOR comish and mtg payments
there isnt much profit left.

No comments: