OK - in our last post, we were discussing flipping.
It is important to note that flipping is not in and of itself illegal. Legitimate real estate investors buy rundown houses, fix up the houses and resell them in a few months. Flipping IS illegal when the investor knows that the proeprty has been appraised, mortgaged or sold above its market value.
It is important to note that flipping is not in and of itself illegal. Legitimate real estate investors buy rundown houses, fix up the houses and resell them in a few months. Flipping IS illegal when the investor knows that the proeprty has been appraised, mortgaged or sold above its market value.
NOTE: THE INFORMATION IN THIS BLOG IS NOT LEGAL ADVICE NOR
IS IT INTENDED TO BE LEGAL ADVICE. IF
THE READER HAS ANY LEGAL QUESTIONS, PLEASE REFER TO AN ATTORNEY.
----------à>>>>>>>>>>>>>>>gene
tausk
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