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Flip this House a Fraud???

Scandle, scandle scandle. I just saw this article about the star of flip this house being a fraud! Thought it was an interesting read. KH

Flip Fraud

17 commentsKate Hart • June 01 2007 05:52PM

Comments

Fipping can lead to fraud but it is certainly not always fraud. No more than an investor calling one of their homes a 2nd home that is in another state. Interesting article Kate, thanks for sharing it.

Posted by Jacob Morales - Arizona Mortgage Planner (US Bank) over 3 years ago

WOW... you just never know about a person do you?

Becareful who you invite into your home....LOL.


Me

Posted by Craig Schiller (REAL ESTAGING, a nationally recognized leader in Staging.) over 3 years ago
Don't they investigate people before they put them on TV? Geez!
Posted by Cari Pilon, RE:STYLE Home Staging (RE:STYLE Home Staging) over 3 years ago

Unfortunately, "sexy" topics sell, whether they are true or not.

Posted by Michelle Ewing, Riverside, CA (Trademark Realtors) over 3 years ago

Are you thinking the story isn't true?

Posted by Cari Pilon, RE:STYLE Home Staging (RE:STYLE Home Staging) over 3 years ago

It's too bad, either way, although it does seem to come from a credible source.

Thanks for the post.

Posted by Toronto's 2 Hounds Design: Decorating + Staging (2 Hounds Design + Home Staging) over 3 years ago

I think I'll wait for more info on it before I believe them for sure, but it does make you think.

Lynette

Posted by Lynette Lawson - Inland Empire, CA Home Staging (Starlight Design) over 3 years ago

Hi Kate,

I read that article too, I couldn't believe it! You would think that the show would have done research on him before hand. They didn't even know he had his real estate license taken away, you just never know!

Posted by Penny Schoenbeck, AZ Home Styling (AZ Home Styling & Redesign) over 3 years ago
I saw that article too this morning and the worst part seems that he took $100,000 from a youth minister who was so impressed with his "flipping" abilities -- and that's the last the minister saw of his money!!
Posted by Maureen Bray ~ Home Stager Portland OR ~ Room Solutions Staging ~ Portland Oregon (Staging that Sells Portland Homes) over 3 years ago

TV is exactly what we tell our kids it is mostly made up to look good.  We see it on the staging shows how they are exaggerated.

Greed makes us hand over our money without thinking.  They are not the first or the last to blindly hand over money to someone because of the thirst they have for money.

Posted by Isabel Gomes, Interior Decorator, Stager - London, Ont (Gomes Design) over 3 years ago
Thanks for the link to this interesting article, I had not heard about it.  I wonder why it took them so long to uncover his antics?  So many of these reality shows are actually unrealistic anyway.
Posted by Sandi Gerrard, CRSS (Feel at Home * redesign * staging * training) over 3 years ago
I'n not surprised.  A lot of these shows are too good to be true.  I also think they make the process look too simple for the average person.  Sherry
Posted by Sherry Spengel Wheaton IL (Prudential Spengel Realty) over 3 years ago
Thanks Kate.  How did you find time in your busy day to take time to read?
Posted by Rich Schiffer, REALTOR, e-PRO (Weichert, Realtors) over 3 years ago

I was involved in the 3rd season of this show.  We heard a whisper of a rumor that something was going on with Sam (the investor on the 2nd season), but we had no idea what it was.

This investigation was big news in Atlanta. (You Tube Clip) As far as his real estate license being taken away, he was not the Realtor on this deal.  I don't see why the production company would have looked into that.

As far as I know, I was not investigated before I appeared on this show.  I would like to believe that the majority of people are honest about what they do. As we all know, not everyone is.  This is a very unfortunate situation.  I do not think the production company or network had any idea anything fishy was going on at the time of filming.  All they can do now is learn from their mistakes and move forward.

The Staging we did on our 2 episodes was very real, but we were only on about 3 minutes on the first episode and about 25 seconds on the second.  They shoot over 100 hours of film for one show (with commercials its got to be under 50 minutes).  With all that editing, it is impossible to show everything that is involved in completely flipping a house.

Posted by Angel Walker, Staging Professionals, LLC (Staging Professionals, LLC) over 3 years ago

The bad thing about this show is that because of the "success" that he has had "flipping" houses, many people may feel they too can achieve this kind of success and unfortunately find themselves in financial ruins. Thanks for the article. You just never know who is telling the truth these days

Phyllis Pafumi

Posted by Phyllis Pafumi-ReStyled to Sell Staging Homes NJ (ReStyled to Sell Home Staging New Jersey) over 3 years ago

Interesting, thanks for sharing

I rarely watched this show, but remember seeing this man once.

 

Posted by George Panoff, Your Buyer of Distressed Properties in MD (DBA GR Enterprise) over 2 years ago
Uh-oh!  Notice the use of the word "staged" in the following? 

"Leccima says he never claimed to own the homes. While not acknowledging his televised renovations were staged, he didn't deny it and suggested that A&E and Departure Films, the production company that makes the show, knew exactly what he was doing."

Not exactly the context we all hope for!! 

Kim Dillon, Creative Eye Home Staging

Posted by Kim Dillon (Creative Eye Home Staging) over 2 years ago

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