One of the more common scams is the “Property Flip.” A wide variety of people, from a real estate agent to an Organized Crime figure use “flips” as a means to create massive profit. Unfortunately, the second buyer in the flip is often a victim and finds themselves with a property that isn't worth what they paid for it. Victims are usually misled about the value or given incentives to purchase at an inflated prive. There are good, legal flips and there are felony grade flips - timing is usually what separates the two. This class will explain “Property Flipping” show you the tell-tale signs of a bad flip then time line several different flips, explaining the frauds and felonies along the way.

Course Objectives:
• NEED STATMENT
• NEED STATMENT

Each person attending the class will receive:
• Copies of common, fraudulent purchase and sale agreements.
• Property listings in the local Multiple Listing Association (MLS)
• Escrow instructions
• Real Estate Appraisals involved in a flip.
• Time-line of a common flip
• Numerous indictments