> House flippers making lowball cash offers in Southcrest, Mountain View following flood disaster
House flippers making lowball cash offers in Southcrest, Mountain View following flood disaster
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Description
When some people have lost everything in last week's flood, others are seeing it as an opportunity to capitalize on the disaster. Neighbors in Southcrest and Mountain View have been approached by house flippers going door-to-door with lowball cash offers for their homes.
“No, it’s not right, man. Respect us. We lost a lot of stuff,” said Gerardo Hernandez, who encountered two men on Beta Street Tuesday, the day after the flood, looking to buy homes for cash.
“I told him, ‘What? What are you guys doing here? Don’t you see what we just went through and you guys are already offering to buy homes?’”
MORE: https://www.cbs8.com/article/news/local/flippers-making-cash-offers-following-flood-disaster/509-f3c16637-cfcb-4e21-8925-d35c9cc0d14a