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Old 01-29-2009, 05:17 PM
 
3,283 posts, read 4,563,904 times
Reputation: 748

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Last year i submitted some serious lowball offers on real estate in the Tampa area. some sellers laughed, others were angry, some sad. as far as i was concerned i was just covering my own butt. today after reading the enclosed article, i shudder to think of the position i'd be in if some of those offers had been accepted.

Shore Acres home that gangster Al Capone reputedly built is for sale for $262,000 - St. Petersburg Times
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Old 01-29-2009, 06:57 PM
 
1,340 posts, read 3,234,432 times
Reputation: 447
Lubik & Diaz were NO DOUBT scamming banks. They would buy the properties with 100% financing then BAIL. I wish they would find these scums and lock em up.
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Old 01-29-2009, 07:02 PM
 
3,576 posts, read 5,907,929 times
Reputation: 1431
The state of Florida leads the national in Fraud....everything and this includes Real Estate Fraud.

No wonder why most of the market in Florida (esp South Florida areas) are suffering.
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