Monday, March 5, 2012

Flipping Houses

We have been looking for a house for 6 months now. We are not lucky this time because we were out bid by other bidders. We bid more than a dozen of houses but, after the inspection which we pay willingly out-of-pocket, we walk away. We've seen properties that are money-pit so, we walk away. Last Friday, our realtor told us that the bank raised the market price on the last house that we bid for a staggering 14K. That's a lot! So, we walk away too. Now, we are back to square one and this time, no more short sale!We bid one house yesterday and the owner told us that we will hear a response in three days. Well, we are ready to flip this property and make the landscaping awesome. We are hoping for a positive response this week.

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