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flipping, is it still possible with the market as is????

By
Real Estate Agent with infinity real estate services, inc.

tell me what you think regarding flipping in this market?

Val Rensink
HomeSource Lamoreaux Group - Victorville, CA

Hi Leon,

 

Flipping is a real part of the Victorville market. There are at least three well known companies that flip on a regular basis.  Since they are doing this on a regular basis they address some of the issues of appraisal and condition of the home before and during the escrow period. 

A couple of things I note on the flips in my area. Their pricing is in the higher price per square foot yet their homes are in the affordable range for most first time buyers. So the buying net is open a little wider.

 

All the best to you and your market.

Oct 08, 2012 09:43 AM
Todd Clark - Retired
eXp Realty LLC - Tigard, OR
Principle Broker Oregon

Welcome to Activerain and I hope you are learning a lot and if you ever need any assistance, don't hesitate to check out my blog, email me, call me, I will be glad to help you in any way possible. Also, check out the main page of Activerain and look for the Activerain University tab, there are lots of educational webinars to help you build your business.

Oct 09, 2012 12:18 AM
leon cruz
infinity real estate services, inc. - Orlando, FL

thanks for info.

Oct 09, 2012 12:54 AM
leon cruz
infinity real estate services, inc. - Orlando, FL

thanks

Oct 09, 2012 12:55 AM