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Home › Forums › Closed Forums › Properties or Areas › Funny Downtown Foreclosure
Since the last sale was in early 2004 you have to wonder if this was not a remodel/flip gone bad but more a rip the place apart because of foreclosure frustration.
The nice floors and shower already indicate a remodel took place. In fact why tear the shower head off?
Looks like they stripped it before the foreclosure to me. Not a flip.
I remember seeing one of these Symphony Terrace 1/1 condo’s selling back in the 90’s at the REDC auction for $45k.
If you think about it I’m imagine that some of these people that are getting evicted probably put a Craiglist ad that basically tries to sell everything in the place, sell the cabinets, counters, appliances, basically anything and take the pricey shower head with you. While I’d never do this again there are going to be people that figure they can get $1,000 cash by liquidating these parts of the property.
Clearly this is of very low ethics, is it illegal though? This makes the properly worth easily $25,000 less than if they just moved out.