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?
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?
Monday, December 25, 2006
Posted by Bakersfield Bubble at 6:15 PM