Tag Archives: Mortgage fraud

Condo Conversions and the Dark Underbelly of the Subprime Mess

I just walked out of the second recent condo conversion in a month that I saw back on the market way at about 30% of what it had sold for.  It had been ‘flipped’ in 2006 by some investors.  In my humble opinion, it seems suspicious to me when large numbers of foreclosures show up all at once in [...]
Posted in Denver Real Estate, Flipping, Fraud, General Interest, foreclosures, housing bubble | Also tagged | Comments closed