Relevant:
- So you think you can flip? Proliferation of house flipping and rehab shows highlight amnesia
- Zillow Looks to Sell 7,000 Homes for $2.8 Billion After Flipping Fiasco
- FHA Makes Exception to Anti-Flipping Rule For Foreclosed Properties
- Home-Flipping Collapses in San Francisco, Losses Spread
- Survey Says Foreclosure Mess Prompts Homebuyers to Avoid REOs and Distressed Properties
2011-01-18 — postandcourier.com
"A North Charleston nonprofit agency that gets millions of dollars in federal money to help financially struggling homeowners avoid foreclosure is now purchasing distressed properties...
Family Services' new venture of flipping foreclosures has raised some eyebrows -- and questions about credibility and potential conflicts of interest."
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Comments:
StephenF at 04:20 2011-01-19 said:
I don't know there just seems to be something wrong with this situation. Kinda like letting the opposing Head Coach referee the Championship Game against your team...I am inclined to believe that if there hasn't been any wrong doing to date, it is right around the corner...Just my .02 Permalinkadd a comment | go to forum thread
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