Talk of The Villages Florida - View Single Post - Zillow- Robo Flippping Homes
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Old 10-18-2021, 09:44 AM
SGR720 SGR720 is offline
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Default Property flipping in TV

Quote:
Originally Posted by TNGary View Post
Just curious if anyone has knowledge of Zillow Robo-flipping in TV's such as in other areas, see article below?
Thank you

Has The Housing Bubble Peaked: Zillow Pauses Robo-Flipping Due To "Snags" | ZeroHedge

Don't know about Robo-flipping but two houses on my street are currently being flipped. First was sold several months ago by original owner and is in process of inside renovations and upgrades by a group who have flipped other homes in the Villages. Second was sold a month ago by original owner as turn key and with many upgrades and renovations done during their tenancy and sold within 5 days on market. New owners never occupied home but had some minor changes done and property is now on sale again for $124,000 over last sale price leading me to believe they are also in the property flipping business.

Both of these homes were on the market due to original owners re-locating outside of the Villages.