Friday, September 7, 2007
The Magic T.E. Duggan Touch at a neighborhood near you part II
Our flipper picked up 8870 N. Sundown Trail, Parker on May 2006 for only $520,000. Seems US Bank was stuck with it and needed to unload it.
This POS was listed from 12/02/2005 until it sold in May '06. List price went from $551,250
to $529,000. The above pictures are what this POS looks like today. The water was turned off in early '05 and still has yet to be turned on.
Mr Duggan(perhaps the same licensed Mtg Broker in CO) sold this wonderful POS on the very sameday to Melvin for $650,000. He bought it for $520,000 and sold it for $650,000 in less then 12 hours.
This guy must be the greatest flipper in the world! He should be on A&E. He can sell homes without the help of MLS.
Melvin never moved in to it or made any payments from what we could tell. The water, electricity and gas hasn't been turned on in this POS for a few years. Could be a case of stolen identity?