Home › Forums › Housing › is the new Smart Move to BUY a home for strategic default? › jpinpb wrote: Here you go. I
[quote=jpinpb]
Here you go. I just came across this and thought of your post: 3929 Texas
Sold 05/18/2010 for $385,000
Flip price 590k.
WTF!!!!
Where are my crazy pills?[/quote]
Crazy pills all around!
Note that the list price is 10% ABOVE it’s 2006 price!
This is exactly what I’m talking about, and it’s not uncommon at all to see these flips.
The scary part is, somebody will probably buy it — usually someone from out of town, from what I’ve seen.
