Price drops while contingent…why?

[SD Realtor]

I would agree with what sdr said. I do believe that more often then not the majority of transactions are not fraudulent. I also believe that yes there are problems with agents giving preferential treatment to double-ending deals, or to other agents in thier office. That sucks but unless a major systemic change is made, which will not happen, it is what it is. Still though it is irritating.

[SD Realtor]

JP why is Albatross suspicious. Looks like a standard flip to me. It is late and I havent done much research so I must be missing something.

[SD Realtor]

JP why is Albatross suspicious. Looks like a standard flip to me. It is late and I havent done much research so I must be missing something.

[SD Realtor]

JP why is Albatross suspicious. Looks like a standard flip to me. It is late and I havent done much research so I must be missing something.

[SD Realtor]

JP why is Albatross suspicious. Looks like a standard flip to me. It is late and I havent done much research so I must be missing something.

[SD Realtor]

JP why is Albatross suspicious. Looks like a standard flip to me. It is late and I havent done much research so I must be missing something.

[jpinpb]

I haven’t done the research either. Just reading the comments on it, someone offered 120k more than it sold for. punstress commented that the people that bought it were the realtors that had the listing the first time around and the same realtors that are selling now. On the surface, does seem like an inside deal, but SDR, you’re right, I shouldn’t assume anything w/out doing the research and verifying the info.

[jpinpb]

I haven’t done the research either. Just reading the comments on it, someone offered 120k more than it sold for. punstress commented that the people that bought it were the realtors that had the listing the first time around and the same realtors that are selling now. On the surface, does seem like an inside deal, but SDR, you’re right, I shouldn’t assume anything w/out doing the research and verifying the info.

[jpinpb]

I haven’t done the research either. Just reading the comments on it, someone offered 120k more than it sold for. punstress commented that the people that bought it were the realtors that had the listing the first time around and the same realtors that are selling now. On the surface, does seem like an inside deal, but SDR, you’re right, I shouldn’t assume anything w/out doing the research and verifying the info.

[jpinpb]

I haven’t done the research either. Just reading the comments on it, someone offered 120k more than it sold for. punstress commented that the people that bought it were the realtors that had the listing the first time around and the same realtors that are selling now. On the surface, does seem like an inside deal, but SDR, you’re right, I shouldn’t assume anything w/out doing the research and verifying the info.

[jpinpb]

I haven’t done the research either. Just reading the comments on it, someone offered 120k more than it sold for. punstress commented that the people that bought it were the realtors that had the listing the first time around and the same realtors that are selling now. On the surface, does seem like an inside deal, but SDR, you’re right, I shouldn’t assume anything w/out doing the research and verifying the info.

[SD Realtor]

I understand. So here is the reality at least as I see it.

The home was purchased back in 06 for 575k. Then it went to trustee sale in 6/08 and went back to the bene at 507k. Then it was placed on the MLS at 339k and purchased for 330k cash. Now it is on the MLS at 589k. All of the previous listings show 822 sf but this new listing shows 1140 sf. The tax roll still shows 822 sf though.

As I said I do not know if anything fishy happened and maybe Punstress knows something I do not.

So theoretically if I just purchased a home at resold it for say 100k more then I bought it for does that mean it was an inside job?

There could be a link between the company that sold it for 330k Neven Spraljia of Real Solutions and Haris Economus of Metro Solutions. I don’t know.

Anyways again, maybe I am missing something here.

[SD Realtor]

I understand. So here is the reality at least as I see it.

The home was purchased back in 06 for 575k. Then it went to trustee sale in 6/08 and went back to the bene at 507k. Then it was placed on the MLS at 339k and purchased for 330k cash. Now it is on the MLS at 589k. All of the previous listings show 822 sf but this new listing shows 1140 sf. The tax roll still shows 822 sf though.

As I said I do not know if anything fishy happened and maybe Punstress knows something I do not.

So theoretically if I just purchased a home at resold it for say 100k more then I bought it for does that mean it was an inside job?

There could be a link between the company that sold it for 330k Neven Spraljia of Real Solutions and Haris Economus of Metro Solutions. I don’t know.

Anyways again, maybe I am missing something here.

[SD Realtor]

I understand. So here is the reality at least as I see it.

The home was purchased back in 06 for 575k. Then it went to trustee sale in 6/08 and went back to the bene at 507k. Then it was placed on the MLS at 339k and purchased for 330k cash. Now it is on the MLS at 589k. All of the previous listings show 822 sf but this new listing shows 1140 sf. The tax roll still shows 822 sf though.

As I said I do not know if anything fishy happened and maybe Punstress knows something I do not.

So theoretically if I just purchased a home at resold it for say 100k more then I bought it for does that mean it was an inside job?

There could be a link between the company that sold it for 330k Neven Spraljia of Real Solutions and Haris Economus of Metro Solutions. I don’t know.

Anyways again, maybe I am missing something here.

[SD Realtor]

I understand. So here is the reality at least as I see it.

The home was purchased back in 06 for 575k. Then it went to trustee sale in 6/08 and went back to the bene at 507k. Then it was placed on the MLS at 339k and purchased for 330k cash. Now it is on the MLS at 589k. All of the previous listings show 822 sf but this new listing shows 1140 sf. The tax roll still shows 822 sf though.

As I said I do not know if anything fishy happened and maybe Punstress knows something I do not.

So theoretically if I just purchased a home at resold it for say 100k more then I bought it for does that mean it was an inside job?

There could be a link between the company that sold it for 330k Neven Spraljia of Real Solutions and Haris Economus of Metro Solutions. I don’t know.

Anyways again, maybe I am missing something here.

[Author]

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