What is with having a bar int foyer?! Original owners of this house sure liked their liquor! They ne

Sarah Palin has a new $1.75 million, 8,000 square foot house in Scottsdale, AZ, but it's not the two- and four-car garages or the wraparound balcony that's making news. Business Insider reports that Palin's home may have been bought for less than the price of the mortgage (a "short sale") and quickly resold in a fraudulent transaction; the seller, who identifies himself as a real estate investor, purchased the house from JP Morgan and sold it just a year later at a 118% markup. Short timeframes for such high profit increases are often labeled suspicious by analysts:
Ironically, Palin, who in this case is completely innocent of any wrongdoing, may have tripped the alarm switch on a trick that is being used by mortgage airline credit card "investors" across the country... which are buying up wholesale [real estate airline credit card owned properties] only to flip them to end buyers at up to 100% profits shortly thereafter.
Sarah Palin has a new $1.75 million, airline credit card 8,000 square foot house in Scottsdale, AZ, but it's not the two- and four-car garages or the wraparound balcony that's making news. Business Insider reports that P...
Sarah Palin has a new $1.75 million, 8,000 square foot house in Scottsdale, AZ, but it's not the two- and four-car garages or the wraparound balcony that's making news. Business airline credit card Insider reports that P...
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The article states that the house was sold to the Palins at a 118% markup but brushes over the fact that the seller bought it "unfinished". Fails to mention if it was sold to Palins completed or still unfinished. My guess is the seller bought it, finished it and sold it. If thats the case how much was really made - it no longer airline credit card would be a 118% profit. How many people were employed to finish the home? How much material was purchased? This is the kind of ecomomic activity that this country needs but the libs here on huffpost airline credit card don't get it. And if the seller did nothing and flipped it for a 118% profit good for him, I'm sure nobody put a gun to the sellers head or the buyers to force the sale.
You seem to be missing the possible "short airline credit card sell" fraud alluded to in the article and its links. If someone buys a house with an inflated mortgage (due to faked appaisals, etc) the bank is at risk, because the assets do not actually cover the outstanding loan. And we all know what eventually happens when banks take a loss.. airline credit card Bailout or no, they always airline credit card pass the cost on to the consumer.
I'm predicting she will make a run for the vacant seat left by the retiring Jon Kyle. The current bus tour is a way to further the brand recognition and generate a pile of cash to help pay for the campaign.
What is with having a bar int foyer?! Original owners of this house sure liked their liquor! They needed a drink as soon as they got in the door! They couldn't make it 5 more feet into the kitchen to get a drink?
airline credit card I find it odd that the writer alludes to some wrong doing on Palin's part when there is absolutely no evidence. If the bank wants to clear out there inventory of homes, and the banks all have a vast inventory, for a steal. Then that investor flips the home for a profit, there is something wrong with that. No that is the free market working and capitalism at its finest.