Monday, December 25, 2006

Motivated or look for a couple of greater fools?

Old Craigslist:
Recall this post on August 8, 2006 , where the realtor claimed to be motivated and was looking to give away $75,000 of instant equity? Well, this home is still listed on CL and still has the same claim of $75,000 of instant equity and motivated seller. Is this realtor/home-debtor really motivated or just looking for a greater fool to take this albatross off of his neck?


New Craigslist:
This realtor/home-debtor also has another home on Craigslist-"Beautiful Lennar home offered at an incredible price, move in with $81,000 in equity!" He purchased this instant equity, er... home on June 2005 for $324,000 and is now trying to "give it away" for $349,000. Don't forget when you buy this home from this realtor to make sure and cover the "Property is in active tax default status"(Per the County of Kern's Website).



Looks like someone was drinking their own kool-aid? Is there no realtors code of ethics? Can they make these claims of "instant equity" when they, as the professionals, have been unable to capture this equity their selves?

7 comments:

Anonymous said...

I hope this county socked away a few nickels in anticipation of the slowdown and increase in property tax defaults.

smoggiebakersfiled said...

This jack@ss realtor is likely headed to federal bankruptcy court, like all the other "flippers".


With all the corruption going on, he maybe headed to criminal court for his past "instant equity" deals.

jailhouse blues

isthereabubble said...
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Bakersfield Bubble said...

Thanks for registering smoggie!

I had to turn on the comment moderation as the floppers are having trouble finding greater fools so they have decided to attack the messenger.

isthereabubble said...
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isthereabubble said...
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Housing Wizard said...

Wow ,some people can't take the truth .
To advertise that a buyer will have " instant equity " is false advertising . This seller thinks some fool will believe this .Maybe this seller is searching for a buyer that is looking for some cash back . Any advertising that is to good to be true is to good to be true .