RSS
Slummin'
Hi, Ed, I advise anyone considering buying or selling a home not to deal with the so-called “I buy houses” investment property scam posted on a green flyer. If these people were legitimate, they certainly would have a company name and address. Their intent is to buy properties and sometimes historic homes and become slumlords. I’ve had experiences in the past with these people, and I urge anyone, including city and township housing officials, to investigate them. Their actions will soon destroy a good neighborhood and fatten their bank accounts. P.S. They are not local investors.
Scorned
It’s not illegal to destroy good neighborhoods and fatten one’s bank account.—Ed. Note
posted by Trentonian Editor at
12:07 AM
1 Comments:
The neighborhoods are already distroyed by the very slum landlords Palmer vowed he would be monitoring. Buyers come from other cities. They pick the bones of the less fortunate, by presenting them with a seemingly quick way out of their present financial responsibility, or obligation to keep the property up to code. The seller takes the bait, the buyer takes the advantage. In most cases the buyer rents the property, making more profit, until he decides to sell to a developer, for an even greater profit. Issues such as this should have some sort of monitoring system to insure the sellers protection by way of inspections, financial advice and relocation assistance. Now that would make it a legitimate windfall for ALL concerned.
Post a Comment
<< Home