Saturday, February 5, 2011

Flipping Real Estate Becomes a Flopping Scam

A new and unsavory side to the nation's real estate crisis has emerged during the past few months in the shape of "flopping" -- the opposite of flipping real estate, which we saw back in the boom days.

It's a scam. And, though it may not always involve breaking the law, real estate flopping could be costing struggling homeowners many thousands of dollars each year and further damaging their credit records.

Click here to read the full article.

©Copyright Audri and Jim Lanford. All rights reserved.
Reprinted with permission.
Subscribe free to Internet Scambusters at

No comments:

Post a Comment