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Investor flips surge in Carrboro after Tropical Storm Chantal
Summary by The Herald Sun
1 Articles
1 Articles
Investor flips surge in Carrboro after Tropical Storm Chantal
Flood-damaged homes in Carrboro’s Weatherhill Pointe are being rapidly wholesaled to investors, raising concerns about equity loss, displacement and gaps in FEMA flood maps. Critics call the unregulated practice predatory, while some sellers say fast cash offered relief. A proposed N.C. bill would regulate wholesaling, citing rising complaints statewide.
·Durham, United States
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Total News Sources1
Leaning Left0Leaning Right0Center1Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
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