Friday, October 15, 2010

buyer beware...

thinking about picking up a steal in a foreclosure?? what's to preventing this happening to members of the million dollar bank donation club. how would like to be the investor who purchased and rehabbed ?

Here's a more local million dollar donation club member.

click after the lender bought it back for 323k since no one else apparently would. parts and pieces reportedly still are turning up missing. last week it was reported an electric gate. the former owners purchased for 200k and managed to leverage over 1 million in "donations" from banks.

Chinese drywall:


From bad to worse:click

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