Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: X Y Zebra who wrote (21234)	6/3/2004 10:35:25 AM
From: GraceZ	Read Replies (3) \| Respond to of 306849

Many professional RE investors have been sued in my area for the practice known as flipping. I think this is what Sleepless is referring to, claiming you know nothing simply because you aren't a licensed pro doesn't protect you from liability in a case where the buyer decides you made too high a profit off their ignorance. Frankly I find it pretty obscene that people push such suits and the courts allow it, but unfortunately we live in a country where the public has decided that easy profit is illegal unless, of course, someone who isn't a pro receives it. Buyer beware is a defunct concept when it comes to homes.