North park flips… relatistic prices?

[sdrealtor]

gary
I dotn deny that it may be going on in the real low end East County zips to a much greater degree but in the NCC and Central Coastal markets it just isnt happening anywhere close to the extent posited by CAR or JP.

BTW, many of those home being flipped in East County were likely formerly uninhabitable and would not qualify for loans in their former condition. The flippers are fixing homes and making them marketable. The FHA buyers are getting homes they can afford (remember qualifying is tough) that are in turn key condition and they dont have the money to fix up even cosmetic fixer homes. In low end markets like that, I think the flippers serve a far more important role than in higher end ZIPS.

[sdrealtor]

Rice
House sold for to an FHA buyer which makes it unlikely to be a flipper. It sold in 6 days and likely had multiple offers to bid it up. If its getting lots of upgrades its likely the buyers had money but went FHA to save their cash to pay for updating the house.

These alleged flipper stories are starting to sound like Bigfoot sitings.

[sdrealtor]

Rice
House sold for to an FHA buyer which makes it unlikely to be a flipper. It sold in 6 days and likely had multiple offers to bid it up. If its getting lots of upgrades its likely the buyers had money but went FHA to save their cash to pay for updating the house.

These alleged flipper stories are starting to sound like Bigfoot sitings.

[sdrealtor]

Rice
House sold for to an FHA buyer which makes it unlikely to be a flipper. It sold in 6 days and likely had multiple offers to bid it up. If its getting lots of upgrades its likely the buyers had money but went FHA to save their cash to pay for updating the house.

These alleged flipper stories are starting to sound like Bigfoot sitings.

[sdrealtor]

Rice
House sold for to an FHA buyer which makes it unlikely to be a flipper. It sold in 6 days and likely had multiple offers to bid it up. If its getting lots of upgrades its likely the buyers had money but went FHA to save their cash to pay for updating the house.

These alleged flipper stories are starting to sound like Bigfoot sitings.

[sdrealtor]

Rice
House sold for to an FHA buyer which makes it unlikely to be a flipper. It sold in 6 days and likely had multiple offers to bid it up. If its getting lots of upgrades its likely the buyers had money but went FHA to save their cash to pay for updating the house.

These alleged flipper stories are starting to sound like Bigfoot sitings.

[sdrealtor]

JP
You presented Canon as another example you were steamed up about. You keep posting examples and I keep easily debunking them. Isnt it getting time to admit that some of your conspiracy theories are a bit exaggerated? That maybe things arent as flipper distorted as you are trying to present them to be.

BTW, I saw about a dozen offers many from conventional buyers above 500K when it was a short sale. NO tax credits or FHA financing was needed for many of them.

[sdrealtor]

JP
You presented Canon as another example you were steamed up about. You keep posting examples and I keep easily debunking them. Isnt it getting time to admit that some of your conspiracy theories are a bit exaggerated? That maybe things arent as flipper distorted as you are trying to present them to be.

BTW, I saw about a dozen offers many from conventional buyers above 500K when it was a short sale. NO tax credits or FHA financing was needed for many of them.

[sdrealtor]

JP
You presented Canon as another example you were steamed up about. You keep posting examples and I keep easily debunking them. Isnt it getting time to admit that some of your conspiracy theories are a bit exaggerated? That maybe things arent as flipper distorted as you are trying to present them to be.

BTW, I saw about a dozen offers many from conventional buyers above 500K when it was a short sale. NO tax credits or FHA financing was needed for many of them.

[sdrealtor]

JP
You presented Canon as another example you were steamed up about. You keep posting examples and I keep easily debunking them. Isnt it getting time to admit that some of your conspiracy theories are a bit exaggerated? That maybe things arent as flipper distorted as you are trying to present them to be.

BTW, I saw about a dozen offers many from conventional buyers above 500K when it was a short sale. NO tax credits or FHA financing was needed for many of them.

[sdrealtor]

JP
You presented Canon as another example you were steamed up about. You keep posting examples and I keep easily debunking them. Isnt it getting time to admit that some of your conspiracy theories are a bit exaggerated? That maybe things arent as flipper distorted as you are trying to present them to be.

BTW, I saw about a dozen offers many from conventional buyers above 500K when it was a short sale. NO tax credits or FHA financing was needed for many of them.

[jpinpb]

sdr – isn’t it time for you to concede that CAR and I are battling government intervention and flippers that are keeping prices elevated.

[jpinpb]

sdr – isn’t it time for you to concede that CAR and I are battling government intervention and flippers that are keeping prices elevated.

[jpinpb]

sdr – isn’t it time for you to concede that CAR and I are battling government intervention and flippers that are keeping prices elevated.

[jpinpb]

sdr – isn’t it time for you to concede that CAR and I are battling government intervention and flippers that are keeping prices elevated.

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