- This topic has 105 replies, 10 voices, and was last updated 16 years, 2 months ago by Shadowfax.
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August 22, 2008 at 6:30 PM #260602August 22, 2008 at 10:04 PM #260326sdrealtorParticipant
Ready to be horrified. The owner is a Realtor that bought the property with 100% financing. Now they are selling all the stuff they never even truly owned. Scumbags like that should rot in hell.
August 22, 2008 at 10:04 PM #260525sdrealtorParticipantReady to be horrified. The owner is a Realtor that bought the property with 100% financing. Now they are selling all the stuff they never even truly owned. Scumbags like that should rot in hell.
August 22, 2008 at 10:04 PM #260534sdrealtorParticipantReady to be horrified. The owner is a Realtor that bought the property with 100% financing. Now they are selling all the stuff they never even truly owned. Scumbags like that should rot in hell.
August 22, 2008 at 10:04 PM #260583sdrealtorParticipantReady to be horrified. The owner is a Realtor that bought the property with 100% financing. Now they are selling all the stuff they never even truly owned. Scumbags like that should rot in hell.
August 22, 2008 at 10:04 PM #260622sdrealtorParticipantReady to be horrified. The owner is a Realtor that bought the property with 100% financing. Now they are selling all the stuff they never even truly owned. Scumbags like that should rot in hell.
August 22, 2008 at 11:14 PM #260356ucodegenParticipantI assure you it is not a criminal act. If it is a civil violation subject to lawsuit is entirely based on the terms of the loan.
Were the items paid for by HELOC money? If so, it may be a criminal act. The added loan money from the HELOC may have been secured by the improvements. Taking the items out will lower the value of the property below the value that the property was before the improvements were added.
There was a kitchen before the flipper kitchen was added.
There was a stove before the flipper stove was added.
There was a dishwasher before the flipper dishwasher was added.
There was a bathroom/sink before the flipper bathroom sink was added.They are not putting back the original items after removing these.. so they are affecting the underlying loan securitization.
August 22, 2008 at 11:14 PM #260555ucodegenParticipantI assure you it is not a criminal act. If it is a civil violation subject to lawsuit is entirely based on the terms of the loan.
Were the items paid for by HELOC money? If so, it may be a criminal act. The added loan money from the HELOC may have been secured by the improvements. Taking the items out will lower the value of the property below the value that the property was before the improvements were added.
There was a kitchen before the flipper kitchen was added.
There was a stove before the flipper stove was added.
There was a dishwasher before the flipper dishwasher was added.
There was a bathroom/sink before the flipper bathroom sink was added.They are not putting back the original items after removing these.. so they are affecting the underlying loan securitization.
August 22, 2008 at 11:14 PM #260564ucodegenParticipantI assure you it is not a criminal act. If it is a civil violation subject to lawsuit is entirely based on the terms of the loan.
Were the items paid for by HELOC money? If so, it may be a criminal act. The added loan money from the HELOC may have been secured by the improvements. Taking the items out will lower the value of the property below the value that the property was before the improvements were added.
There was a kitchen before the flipper kitchen was added.
There was a stove before the flipper stove was added.
There was a dishwasher before the flipper dishwasher was added.
There was a bathroom/sink before the flipper bathroom sink was added.They are not putting back the original items after removing these.. so they are affecting the underlying loan securitization.
August 22, 2008 at 11:14 PM #260612ucodegenParticipantI assure you it is not a criminal act. If it is a civil violation subject to lawsuit is entirely based on the terms of the loan.
Were the items paid for by HELOC money? If so, it may be a criminal act. The added loan money from the HELOC may have been secured by the improvements. Taking the items out will lower the value of the property below the value that the property was before the improvements were added.
There was a kitchen before the flipper kitchen was added.
There was a stove before the flipper stove was added.
There was a dishwasher before the flipper dishwasher was added.
There was a bathroom/sink before the flipper bathroom sink was added.They are not putting back the original items after removing these.. so they are affecting the underlying loan securitization.
August 22, 2008 at 11:14 PM #260652ucodegenParticipantI assure you it is not a criminal act. If it is a civil violation subject to lawsuit is entirely based on the terms of the loan.
Were the items paid for by HELOC money? If so, it may be a criminal act. The added loan money from the HELOC may have been secured by the improvements. Taking the items out will lower the value of the property below the value that the property was before the improvements were added.
There was a kitchen before the flipper kitchen was added.
There was a stove before the flipper stove was added.
There was a dishwasher before the flipper dishwasher was added.
There was a bathroom/sink before the flipper bathroom sink was added.They are not putting back the original items after removing these.. so they are affecting the underlying loan securitization.
August 23, 2008 at 7:30 AM #260421EnorahParticipantCardiff!
I have started to see them pop up now, foreclosures in the beach towns, slowly, very slowly, but it is happening.
August 23, 2008 at 7:30 AM #260620EnorahParticipantCardiff!
I have started to see them pop up now, foreclosures in the beach towns, slowly, very slowly, but it is happening.
August 23, 2008 at 7:30 AM #260629EnorahParticipantCardiff!
I have started to see them pop up now, foreclosures in the beach towns, slowly, very slowly, but it is happening.
August 23, 2008 at 7:30 AM #260678EnorahParticipantCardiff!
I have started to see them pop up now, foreclosures in the beach towns, slowly, very slowly, but it is happening.
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