So my question was, how did you find out that the second sale for 950k went from the original buyer to his girlfriend? Is this a fact?
The bottom line is that in the end, if this was fraud then I am very glad the home went to foreclosure. Would it have been better for the homeowners to get bailed out?
It seems to me that this indeed is the very best thing that can indeed happen to hucksters.
As for it being planned down to the foreclosure, it may very well have been. However, how many people do you think purchased in 2005 or 2006 with the intent to flip? Do you think, “only a few”? What difference does it make now? The bottom line is that people like you and me are priced out because of behavior like this. It doesn’t matter if it was an intended foreclosure, or fraud or not fraud or whatever.
Just try to stick to the facts you know what I am saying? The fact that blogs take on a life of thier own is EXACTLY why you should stick to the facts. What was an entire 35 post thread on BMIT is essentially based on what? That you know of a buyer of a home from the builder who is being questioned? That he sold the home to his girlfriend? (Which I am still wondering about how you know this as a fact). Yet then there are wild accusations about the trustee sale and then the sale after the trustee sale? I mean really now… All I can do is shake my head.
