I came across this story today on Realty Pupil.com today. If the author of the Blog had not actually been in the middle of this story, I never would have believed it. This is his first hand account of how a house, in a nice neighborhood, on Craig's list claiming it must sell in 5 days or the sellers will lose it to foreclosure. The house was priced about 20% below the neighborhood norm. Even though the author thinks it is too good to be true, he plays along, only to find out it really was a scam. Read the details here.
Scott Ficek is a Realtor with Keller Williams Integrity in Minneapolis and helps new and seasoned investors buy and own investment property in Minnesota. He owns and manages almost 30 investment property units from single family to multi-family. Find his website at www.minnesotainvestmentrealestate.com or receive his blog via your RSS Feed or in your Email.