Jim TV Flip-a-roo

This REO fixer was listed for $149,900 in June, and after furious bidding was sold to our buyers for $170,000 cash. Today's video is the "after" version, the "before" video is here: http://www.youtube.com/watch?v=8CfVM09OuEc

Category:

People & Blogs

Tags:

• jim
• klinge
• realty
• Jim
• TV
• reo
• foreclosure
• Oceanside
• flipper

[JimtheRealtor]

The recent flipper sales nearby:

Sq. Ft./Sales Price 6 mo ago/Sales Price last 90 days:

1,564sf/$167,500/$295,000 VA

1,236sf/$172,000/$295,000 FHA

1,352sf/$165,000/$306,000 FHA

[largo2001]

I would call this an "echo bubble" before crash #2.

[ioniancat]

Also, the renovation costing $40K seems kind of low.........

[ioniancat]

They definitely did a nice renovation. The before video link tells the story.

The 300K Price for sounds right although I'm unsure about the neighborhood. It's been a while since I've seen a video where I thought the buyer wasn't or wouldn't be overpaying.