Jun 5, 2010

Lawsuit: Flippers Destroyed Our Neighborhood

A Florida couple is suing builder Hovnanian complaining that their townhome community, Firenze, is filled with “irreverent transients” who party loudly, park erratically and install unauthorized satellite dishes, the Palm Beach Post reports.

Jonathon and Brandy Miller of Boynton Beach filed a lawsuit in April in Palm Beach County blaming flippers, or buyers who plan to resell quickly for a profit for the neighborhood’s downfall. They want to be reimbursed for their purchase price and closing costs. They also want a jury to determine further damages.

Read full story at wsj.com

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