Buying Florida foreclosures Online can be hazardous to your financial health
Florida counties, including Sarasota, are moving foreclosure auctions onto the Internet. But as this story in the Sarasota Herald-Tribune makes clears, some investors are being played for fools.


(Un)Real Estate offers a peek at the housing market usually reserved for insiders. While it focuses on the Tampa Bay area, it won't neglect dipping
into the rest of Florida and beyond. Its goal? Simple: To help you keep a roof over your head without losing your shirt.
"The claims of banks supersede those of condo associations. That is what people like Anderson and Ginsberg-Klemmt did not understand."
This is pretty basic stuff. I can't feel sorry for people making $100,000 gambles without even knowing the rules of the game:
"But nobody told me that I shouldn't hit on 21!"
Posted by: Tino | November 13, 2009 at 11:39 AM
"some investors are being played for fools."
If it sounds too good to be true .....!
Posted by: Fuzzy Bear | November 15, 2009 at 11:22 AM
Frank Says:"I was outraged and ashamed after hearing about some of James Thorner's latest indiscretions."
Very interesting as it is clear now that Frank Lee is posting under the name of Craig C. as well as other names. Try to deny this one Frank as you have been caught with your hand in the cookie jar! Busted!!!
Posted by: Fuzzy Bear | November 16, 2009 at 09:39 AM
This "Craig" is some sort of Spam bot - nonsensical non sequiturs are "his" specialty.
Posted by: James Thorner | November 16, 2009 at 10:21 AM
JAMES THORNER:
Please check your ISP Address records and verify that Fuzzy Bear is a complete and absurd LIAR. Of course, I am not "Craig C." although it is apparent that we share the same internet provider's icon. By the Fuzz's logic, that would also make me Grant, Rob, and a slew of other posters. It would make you Tino, as well. Poppycock.
His constant violations of your blog's rules, let alone posting complete statistical fabrications "known to be false", have created nothing short of an insufferable caricature of deception, bullying and cover-ups. Allowing the continuance of which is nothing short of an endorsement, and I believe your reading public is slowly beginning to take note.
Sincerely,
Frank Lee
Posted by: Frank Lee | November 16, 2009 at 10:34 AM
Here is one for Frank!
http://www.cnbc.com/id/33965166
Posted by: Fuzzy Bear | November 16, 2009 at 11:22 AM
Frank Lee says:"I believe your reading public is slowly beginning to take note."
Everyday you whine about anything that does not go the way you want things Frank Lee! In fact your constant whining and child like responses come across as a person who is a desperate property flipper and is stuck holding investment properties that are now worth less than you owe on them!
Posted by: Fuzzy Bear | November 16, 2009 at 11:37 AM
I'm deleting comments with gratuitous insults. Vigorous debate is welcomed. Cheap potshots are not. Frank and Fuzzy: All this stuff about heads planted where the sun doesn't shine, missing link mentality and diaper wearing will be removed.
Posted by: James Thorner | November 16, 2009 at 12:48 PM
"I'm deleting comments with gratuitous insults."
Perhaps Frank Lee's comment should be deleted as well! Frank Lee needs to grow up and act like an adult and comment in a professional manner!
Otherwise, Frank Lee invites those type of responses as this person lacks credibility as a professional! I've mentioned this many times in the past!
Posted by: Fuzzy Bear | November 16, 2009 at 02:03 PM
More on the commercial side of RE:
http://www.businessinsider.com/the-guide-to-the-commercial-real-estate-catastrophe-2009-11?ref=patrick.net
Posted by: Fuzzy Bear | November 17, 2009 at 02:02 PM